1860 G$1, CAM PR(PCGS#87610)

August 2021 ANA U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4160

等级

PR66CAM

价格

186,579

详细说明

Gem Cameo Proof 1860 Gold Dollar Rarity The Finer of the Two Bass Specimens 1860 Gold Dollar. JD-1, the only known dies. Rarity-6. Proof-66 Cameo (PCGS). CAC. A spectacular Gem example of this early Proof gold rarity, both sides have frosty cameo motifs and nicely contrasting mirror fields. Virtually all design features are defined to full advantage including Liberty's tresses and the feathers in her headdress. Magnification reveals some faint, Mint-caused planchet granularity on the reverse to the right of the digit 1 in the denomination, as well as to the lower left of that digit that extends to the letter O in DOLLAR and to the digits 86 in the date. Granularity is more limited on the obverse and confined essentially to the area around the letter U in UNITED. In the absence of appreciable blemishes, a trio of minuscule planchet voids in the lower left obverse field before Liberty's bust point, neck and chin are the most useful provenance markers that we can find. Lovely in all regards, this impressive coin is sure to have no difficulty finding its way into another advanced cabinet. Despite a mintage of just 154 coins - certainly very limited in an absolute sense - the 1860 gold dollar was produced in substantial numbers for a Proof gold coin of its era. The anticipated demand from contemporary collectors failed to materialize, however, and actual distribution fell far short of that total with John W. Dannreuther (2018) estimating that only 30 or examples were actually sold. According to research by R.W. Julian (as related by Dannreuther), unsold Proof 1860 and Proof 1861 gold dollars "were sent to the Melter and Refiner in January 1862 and consigned to the melting pot." The present example, the finer of two once owned by Harry W. Bass, Jr., is among the 20 or so pieces believed extant. It among the rarest of the extensive Proof gold coin offerings in this sale, and is sure to see spirited bidding among specialists. The single die marriage of this issue is most readily identifiable by a pair of die lines extending left from Liberty's earlobe. Provenance: From the Castle Pines Collection. Earlier ex Julian Marks; Abe Kosoff's sale of the Julian Marks Collection, October 1971, lot 1600; Harry W. Bass, Jr.; our (Bowers and Merena's) sale of the Harry W. Bass, Jr. Collection, Part II, October 1999, lot 136; Charlie Brown (Warren Mills); our (Stack's) C.B. Slade, Jr. Estate sale, June 2010, lot 437. PCGS Population: 3; 0 finer in this category, and none are graded higher in any category. PCGS# 87610. NGC ID: 25E3. Click here for certification details from PCGS. Click here to see Coins in Motion.[“Coins]