Goldberg Coins and Collectibles

Sale 48

Lot 1288

1864 $20 Liberty. PCGS graded Proof 64 Cameo. An absolutely awesome coin! This spectacular treasure glitteres with rich sunset golden color throughout. Only 50 Proofs minted and this stunning double eagle may well rank as the finest. An extremely attractive, seldom offered Liberty Type 1 double eagle Proof, no question about it, and one whose importance to collectors has long been a feature of the numismatic scene. Very few dates among No Motto $20 gold pieces are offered in Proof. The few that are all have minuscule production figures. Furthermore, it is believed (and is a near-certainty) that many Philadelphia Mint twenties from the Proof 1864 mintage were melted. The actual number in collector's hands remain untabulated for the obvious reasons.

This glittering beauty offers dramatic visual impact from its vibrant rich color. The mirror reflection over both sides appears close to gem caliber with little fear of contradiction. Both sides display bold frosted relief that shows strong contrast against the mirror background. While just about any Proof struck in the 1860s can be described as a top-star rarity, the first 10 No Motto dates in Proof are particularly popular. You would hardly credit the agony it gives a collector of Proof twenties by date to sit idly by while another acquires the seldom seen 1864 issue! PCGS reports a total of 5 with none finer. (PCGS # 89076) .
Estimated Value $140,000 - 150,000.

Realized $161,000

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