Lot 2120
1887. PCGS graded Proof 64. Beautiful golden-orange russet color. A fine hairline appears in the left field through the jar. This was probably the result of a piece of lint present on the planchet when struck. Only 1,043 minted. Official Mint records indicate that Proof Gold Dollars were produced in every years from 1858 to 1889 (the last year in the series), with some earlier Proofs or specimens noted as well but not made available to the general public. We have no reason to doubt this 1887 is right on the cusp of Gem condition. As with Proof issues of many other gold denominations produced, the Gold Dollar had a limited distribution to generally wealthy collectors that led to the melting of many unsold examples. Fewer than half of the original 1887 mintage is thought to have survived. Estimates on the number of survivors in today's hobby vary, although the low PCGS census can tell us a lot. Pop 23; 21 finer, 13 in 65, 7 in 66, 1 in 67. (PCGS # 7637) Estimated Value $4,000 - 4,400
|
| |
| Unsold |
