Lot 1093
1850. PCGS graded Proof 64+. Lovely light gold and blue toning bathes both sides in an attractive blend of jewel tones. This coin is so pleasing that it was chosen to represent this issue on the CoinFacts website. Of course 1850 is a rare issue with a low mintage of circulation strikes too. The Proofs are the most desirable of all, especially when they look like this! Only 20 pieces were minted and this is certainly one of the finer examples known today. There is considerable frost on the devices and this helps produce the cameo appearance although it is not quite enough in depth for the cameo desgination from PCGS.
With so few of these prized proof coins known any appearance at auction creates an opportunity for specialists to acquire this rarity. Given the exceptional toning and quality of this coin, we expect bidders to be eager to bring this piece home. Early proof coinage like this (struck prior to 1857) is quite rare and always in strong demand. Not only is this coin a great rarity in superlative condition, but it comes with the Pittman pedigree as well. Pop 1; 1 finer in 66 (PCGS # 6991) .
Estimated Value $35,000 - 40,000.
Purchased from Virgil Brand, New Netherlands privately July 10, 1944; John Jay Pittman Collection (David Akers, May 1998, Lot 1681.).
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