Lot 2079
1880 $2.50 Liberty. NGC graded Proof 64 Cameo. Only 36 Proofs minted. Pop 6; 2 finer, 1 in 65, 1 in 66. There is a small spot between the 1st and 2nd star, something to use as an identifier. As few as a dozen Proofs are traced for this rare date, comprising a third of the 36-coin mintage. What's more, this is the lovely Byron Reed Collection specimen sporting glittering warm orange-gold patina aligned with sharply detailed obverse and reverse devices that instills confidence in NGC's grade assignment. The Cameo contrast is from nice frosty devices that are surrounded by deep reflective fields. Proofs of 1882 were well made. Nothing prevents it from being otherwise. And that is why this is a coin to follow through with a firm bid before it's sale is history (PCGS # 87906) .
Diagnostics: High date; pointed forelock; die polish at BERTY and at and below ear, interrupted by a rust pit from jaw; other die rust pits before lovelock. Reverse similar to 1877 but dentils farther apart, nothing within E(S): same die repolished?
Estimated Value $14,000 - 15,000.
Ex: Byron Reed Collection Lot #67 October 1996 (Realized $15,950).
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| Realized $16,100 |
