Goldberg Coins and Collectibles

Sale 60

press UP arrow key to increase the zoom ratio.
press DOWN arrow key to decrease the zoom ratio.
press RIGHT arrow key to increase the zoom window size.
press LEFT arrow key to decrease the zoom window size.

Lot 2754

1885 $1 Gold Indian. NGC graded Proof 68 Cameo. Lovely light golden toning on both sides. The mint's production of Proof Gold Dollars rose in the period after 1880; in 1885 the number breached a thousand pieces (1,105 to be exact) as collecting interest developed for the affordable Gold Dollar denomination. Although the mintage figure might suggest that the 1885 is an easily obtainable issue, nothing could be further from the truth. Or, to put it in less emphatic form and without hyperbole, this supposition is completely untrue, they are decidedly rare in superior Gem Proof grades. In fact, it could be that fewer than a hundred examples of this issue are extant, the majority of which grade miles below this Proof 68 level, per the population figures which come at the end of this discussion.

Given the high grade of the piece, there is little wonder why it exhibits vibrant, deep-gold luster on sparkling, sleek-mirrored fields. Close examination reveals an "orange peel" texture and there are no post-striking distraction, none whatsoever. Devices carry a strong cameo frost. This delivers true two-tone quality which makes the coin a very special offering for the gold enthusiast. Pop 2; none finer at NGC (PCGS # 87635) .
Estimated Value $15,000 - 17,000.


Go to lot:  

Home | Current Sale | Calendar of Events | Bidding | Consign | About Us | Contact | Archives | Log In

US Coins & Currency | World & Ancient Coins | Manuscripts & Collectibles | Bonded CA Auctioneers No. 3S9543300
11400 W. Olympic Blvd, Suite 800, Los Angeles CA 90064 | 310. 551.2646 ph | 310.551.2626 fx | 800.978.2646 toll free

© 2011 Ira & Larry Goldberg Coins & Collectibles, All Rights Reserved