1885 G$1, DCAM PR(PCGS#97635)

December 2020 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

2344

Grade

PR66DCAM

Price

13,200

Lot Description

Stellar Proof 1885 Gold Dollar 1885 Gold Dollar. JD-1. Rarity-4. Proof-66 Deep Cameo (PCGS). CAC. Breathtakingly beautiful surfaces are silky smooth in texture with vivid reddish-orange patina. Reflective fields exhibit a subtle "orange peel" texture when observed with the aid of a loupe, and they form a splendid backdrop to fully impressed, satin-textured devices. Expertly preserved with eye appeal to spare, this delightful premium Gem Proof will please even the most discerning gold enthusiast. The United States Mint in Philadelphia produced 1,105 Proof gold dollars in 1885. Writing in the excellent reference United States Proof Coins, Volume IV: Gold, Part I(2018), John W. Dannreuther states that 30 coins were delivered on January 17 for inclusion in complete Proof sets, followed by additional deliveries of 218, 106, 111 and 640 specimens before year's end. The author has identified two varieties for this issue using two obverse dies and one reverse die. The two die pairings are of equal rarity in numismatic circles with 100 to 150 coins believed extant for each. This puts the total surviving population of this issue at no more than 300 coins, the typical example encountered in today's market with lower quality and far less eye appeal than offered here. A phenomenal coin worthy of the strongest bids. PCGS Population: 4; 5 finer in this category (Proof-67+ Deep Cameo finest). PCGS# 97635. NGC ID: 25EV. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.