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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4175

Estimate: 1 USD
Price realized: 14 000 USD
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Proof Morgan Dollars
1886 $1 PR67 Cameo NGC. The fact that more than 22,500 circulation strikes were struck for every proof in 1886 did nothing to increase the popularity of proofs, which continued on-pace for the mid-1880s with a mintage of 886 pieces (midway between the higher-mintage 1885 dollar and the lower-mintage 1887). Most 1886 proofs have medium-to-low contrast, but this piece shows strong Cameo character.
The strike is strong, too, as often seen on the 1886 for both business strikes and proofs. The silver-mirrored fields are wholly brilliant and deeply reflective, while the sharp central motifs display essentially full details. A hint of gold toning briefly escapes the rims and visits the nearby devices. For an issue that seldom appears with contrasted surfaces, this Superb Gem Cameo proof is at the top of its class and is infrequently seen in equal or finer condition. Census: 7 in 67 Cameo (1 in 67), 2 finer (3/17).
From The Siegel Collection.

HID02901242017
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