Goldberg Coins and Collectibles

Sale 78

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Lot 1841

1906. PCGS graded Proof 64 Cameo. CAC Approved. A stunning Brilliant Proof eagle, shimmering with intense mirror fields and delicately frosted raised devices giving rise to the desirable cameo effect. Deep golden in color with some natural light toning spots scattered about. Only 77 Proofs were made. The 1906 is one of three Proof Liberty Eagles, together with the 1902 and 1905, that are noticeably more elusive than others in the 20th century group. We hear estimates of 25 to 30 from Akers (now much dated, since his research predated the advent of third-party grading), to 30 to 35 from Breen. Garrett and Guth are on record that "perhaps as many as half of the original 77 Proofs" still exist. This is neither here nor there since the 1906 Proof Liberty $10 remains a stiff challenge to any hopeful buyer, while the pool of available specimens declines by the year in face of the present demand.

After a line of Proof gold issues that came after the Mint's shift to largely brilliant proofs in 1902, the 1906 reverts to traditional cameo-frosted contrast. Coins that show distinct contrast are of course very desirable, and the greater the cameo effect, the more prized they become. A beautifully well preserved representative that is sure to add acclaim to any collection that holds it. Pop 5; 4 finer, 1 in 65, 3 in 66 (PCGS # 88846) .
Estimated Value $18,000 - 20,000.
Ex: Purchased from Abner Kreisberg in the 1970's The Del Valle Collection.

Realized $26,438

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