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LOT 3962

3962: 1863 G$1 PR66+ Deep Cameo PCGS. CAC. JD-1, High R

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1863 G$1 PR66+ Deep Cameo PCGS. CAC. JD-1, High R.6. It only required one day (March 23) to strike the entire run of 50 proof gold dollars in 1863. Predictably, all are from the same pair of dies. John Dannreuther makes an interesting observation about this date in both business strike and proof formats, by examining the holdings of super-collector Virgil Brand: {blockquote}" ... Brand owned five 1863 Proof gold dollars, but when you compare the total number of 1863 gold dollars he owned (8) versus the 1861 (22) and 1862 (42), one understands the rarity of this date in both formats."{/blockquote} Only 16 to 18 proofs are believed known today. Most of the survivors, like this coin, exhibit strong field-device contrast. When angled just so, the fields go "black" and establish a mirror-like background for the thickly frosted devices. Exceptional quality for this 19th century proof gold rarity and almost unimprovable. Population: 3 in 66 (1 in 66+) Deep Cameo, 1 finer. CAC: 1 in 66, 0 finer (6/20). HID03101062020 © 2020 Heritage Auctions | All Rights Reserved

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USA, Dallas, TX
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1863 G$1 PR66+ Deep Cameo PCGS. CAC. JD-1, High R.6. It only required one day (March 23) to strike the entire run of 50 proof gold dollars in 1863. Predictably, all are from the same pair of dies. John Dannreuther makes an interesting observation about this date in both business strike and proof formats, by examining the holdings of super-collector Virgil Brand: {blockquote}" ... Brand owned five 1863 Proof gold dollars, but when you compare the total number of 1863 gold dollars he owned (8) versus the 1861 (22) and 1862 (42), one understands the rarity of this date in both formats."{/blockquote} Only 16 to 18 proofs are believed known today. Most of the survivors, like this coin, exhibit strong field-device contrast. When angled just so, the fields go "black" and establish a mirror-like background for the thickly frosted devices. Exceptional quality for this 19th century proof gold rarity and almost unimprovable. Population: 3 in 66 (1 in 66+) Deep Cameo, 1 finer. CAC: 1 in 66, 0 finer (6/20). HID03101062020 © 2020 Heritage Auctions | All Rights Reserved

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Time, Location
05 Aug 2020
USA, Dallas, TX
Auction House
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