1883 $2.50, DCAM PR(PCGS#97909)

1883 $2.50, DCAM PR (PCGS#97909)

The Regency Auction 34

Auctioneer
Legend Rare Coin Auctions
Lot Number
468
Grade
PR66+DCAM
Price
52,875
Lot Description
Truly a delight to behold! What a stunning example of this extremely rare date! Of the 82 Proofs originally minted, perhaps 30-35 are known in all grades, the present SUPERB GEM is the SINGLE FINEST graded at PCGS in the DCAM designation. Ultra deep mirrors have stunning clarity, cleanliness, and reflection that are amazing. Brilliant yellow gold frostiness of the razor sharp devices contrasts off the deep, blackness of the fields. The contrast is bold and dramatic. The surfaces are free of anything but the most insignificant line or two, mostly hidden in the orange peal texture of the fields. An amazing GEM coin bound for the finest of sets. Only 82 were struck. PCGS 4, NGC 2, CAC 4. We sold a PCGS PR66 DCAM CAC in our Regency Auction VI in February 2014 for $41,125. That coin is the second highest graded among all designations (a 67 CAM is numerically finer). Unpriced in the current PCGS Price Guide, a PR66 DCAM is listed at $50,000. A coin like this is always going to command fierce bidding competition and it would not shock us if this SUPERB GEM shattered the all time record. Cert. Number 37300004 PCGS # 097909
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