Lot 1882
1902. PCGS graded Proof 62. CAC Approved. PQ. Light golden toning. Housed in an Old Green Holder. Only 114 struck, 40 to 50 examples known according to PCGS Pop Report. The 1902-P Double Eagle is a popular issue in both Proof and business strike formats. The business strikes for the reason that they record the lowest mintage -- 31,140 -- of any Liberty Twenty struck during the 20th century. The Proof 1902 enjoys such strong demand because of its rarity, and we believe that in the most liberal estimate, only 50 coins have survived in all grades from the original mintage.
This is the first year in which the United States Mint abandoned the practice of striking cameo-finish Proofs in favor of all-brilliant techniques. It is highly enjoyable, therefore, that the present Proof 62 exhibits gleaming fields and devices to have secured a Proof 62 designation from PCGS. The surface shows a bit more pronounced hairlines than on some choicer examples, but both sides possess uniform lightly toned color to the surfaces. Fully struck and otherwise very well preserved, a couple of minor contact marks are hardly worth mentioning. A coin of distinction.Pop 5; 18 finer, 7 in 63, 10 in 64, 1 in 65. (PCGS # 9118) .
Estimated Value $12,000 - 13,000.
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| Realized $30,550 |
