Lot 1247
1875. PCGS graded Proof 65 Cameo. An attractive snow-white Gem proof with deeply reflective fields and heavily frosty motifs. From the first year of the short-lived series, one of 2,790 pieces struck in the proof format. Collectors of the day eagerly sought freshly coined proof examples of the new denomination. By the following year, 1876, the demand for proofs had been cut by better than 50%, this despite it being America's Centennial year. Only proofs were struck in the final two years of the denomination, 1877 and 1878, without business strikes as before. A glittering Gem example for the finest cabinet. Pop 10; 3 finer in 66. (PCGS # 85303) .
Estimated Value $7,000 - 8,000.
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