Lot 4475
1897 $20 Liberty. PCGS graded Proof 64 Cameo PQ. CAC Approved. PCGS holder 21591569. Mostly untoned and very choice for the grade. Only 86 proofs minted. A refreshingly beautiful coin from a technical viewpoint and also visually quite striking since it combines deep mirror fields with "orange peel" Proof surfaces along with cameo frosted devices. The detail of striking is needle sharp. To anyone who has ever owned one, a Proof Liberty $20 gold piece is a prized rarity. Possibly 30 to 40 survive, some impaired, others cleaned. We suspect that fewer than half the reported Proof mintage for the date ever found buyers, since numismatists in America with the wherewithal to buy one at the turn of the century were relatively few. PCGS holder 21591569.
While the present coin will answer the call for the double eagle specialist wanting an outstanding example of this Proof date, probably a wider audience is provided by those who seek an outstanding specimen for inclusion in a collection of rare United States coins. Among Proof double eagles of this era, only a small percentage have survived in quality matching this. Pop 3; 1 finer in 65 (PCGS # 89113) .
Estimated Value $35,000 - 40,000.
Ohringer Family Trust Holdings.
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| Realized $63,250 |
