1863 G$1, DCAM PR(PCGS#97613)

1863 G$1, DCAM PR (PCGS#97613)

The March 2012 Baltimore Auction

Auctioneer
Stack's Bowers
Lot Number
4245
Grade
PR66
Price
28,750
Lot Description
1863 Gold Dollar. Proof-66 Ultra Cameo (NGC). Deep yellow gold with honey-gold highlights. The frosted motifs form a deep contrast with the mirror fields, making for one of the&nbsp;loveliest Proof examples of the date you are apt to find. One of just 50 Proofs of the date struck, though we believe that fewer than half that total is extant today, with many lost to attrition over the years; some small proportion of the mintage was probably melted as unsold. The&nbsp;entire mintage of Proofs of the date was accomplished&nbsp;in a single day,&nbsp;March 23, 1863. An ideal candidate to represent the type in an advanced, high-grade&nbsp;U.S. gold type set.<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers</strong><br /> What a magnificent coin this is! A bit later I discuss the possibility of collecting gold dollars by date sequence. If this is something interesting to pursue, then bid as much as you can for this 1863, as few like it exist anywhere in the world, and it may be years until an equal one becomes available. As if this were not enough, in addition to its incredible rarity as a Proof, a similarly graded circulation strike would be a landmark as well.
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