Lot 2573
1865. NGC graded Proof 65 Ultra Cameo. A glittering dandy of a Proof with superb eye appeal. To say this coin is a fully white gem is merely to brush the surface, since the coin is also covered with deep mirrors throughout. Only 500 Proofs struck.
Definitely a prime pick for the collector looking to buy a top-quality No Motto Proof date, the 1865 in this stellar condition should come as no surprise to students of this series, though some may be surprised to learn that this date is not among the rarest Silver Dollars of the Civil War era in Proof. Still, most Proof 1865 Seated Dollars in today's market grade no finer than Proof 63 or Proof 64. Accurately graded Gems such as the present Ultra Cameo are the province of the most advanced collectors.
Both sides are attractively and originally brilliant in their two-tone composition of black-on-white or white-on-black iridescence. The underlying mirror is deep, watery, and sparkling fresh with fine visual effects readily evident. Overall sharp in strike with no marks or heavy hairlines that would call into question the validity of the Gem designation, the devices are snowy white and picture perfect. This lot represents a bidding opportunity for the Seated Dollar connoisseur, one that is surely not to be missed if at all possible. The experienced auction-goer knows when to keep bidding. Pop 2; 8 finer.
Estimated Value $15,000 - 18,000.
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| Realized $14,950 |
