Lot 2750
1863 $1 Gold Indian. NGC graded Proof 67 Cameo. Finest Certified. Well struck with lovely even gold toning on both sides. Only 50 minted. Sold at a Heritage 2007 FUN sale, where it wherein was mentioned, "Jeff Garrett and Ron Guth, in their book entitled Encyclopedia of U.S. Gold Coins, 1795-1933, estimate that less than one-half of the reported mintage of 50 coins is still known. The major grading services have certified about 25 pieces, but this certainly includes some resubmissions. This gorgeous PR67 Cameo, the finest seen by either NGC or PCGS, exhibits great contrast, that takes on a gold-on-black appearance when it is viewed from directly overhead. Orange-gold surfaces display crisply struck motifs, and are devoid of significant marks." We couldn't fault this expert description, for it sums up the coin nicely.
Circulation strikes of the date because they are extremely rare, increase the pressure on the Proofs. Meanwhile, in referring to the Proofs, we suspect that the present specimen will see a lively round of bidding before it finally lands in a new owner's advanced collection. Pop 1; none finer at NGC (PCGS # 87613) .
Estimated Value $12,000 - 14,000.
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