Lot 2563
1887 $20 Liberty. PCGS graded Proof 61 Cameo. PCGS certification #12243414. Lovely rich golden toning. Very important date. Only 121 Proofs struck of this Proof-only year. The Proof-only 1887 is one among several great rarities in the Liberty double eagle series. The original production of so few Proofs cements its place in the register of rare dates. To which we add, its low ratio of surviving specimens points to either great attrition or insufficient sales at the time of issue (often, any overage is melted). Having that in mind, the mirror field of this Proof 61 specimen has the requisite "orange-peel" undulation of a Proof $20 from this decade. It does display a fair number of small abrasions on the central devices and in the fields but these are within the parameters of the assigned grade. Anyone attempting to complete a date set of double eagle, or the even more demanding complete date and mintmark set, finds that the 1887 is one of the main challenges to completing such a set. Pop 1; None finer at PCGS. (PCGS # 89103) .
Estimated Value $35,000 - 40,000.
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| Realized $52,900 |
