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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 4236

Starting price: 1 USD
Price realized: 32 000 USD
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Proof Commemorative Gold
1903 G$1 Louisiana Purchase McKinley Gold Dollar PR66 Deep Cameo PCGS. Here is a numismatic first: The initial offering of a Louisiana Purchase McKinley gold dollar with Deep Cameo contrast. It is the only Deep or Ultra Cameo example at PCGS and NGC combined (6/17). The first 100 coins produced for the Jefferson and McKinley gold dollars were proof strikings, "affixed to imprinted cards, with the coins held under a waxed paper window secured with chords and a red wax seal," according to Dave Bowers' description. The entire presentation was framed, signed by Coiner Rhine R. Freed and Mint Superintendent John H. Landis, and distributed to government and exposition officials, as well as well-connected insiders. The vast majority of known McKinley gold dollar proofs (about 80 to 90 pieces survive) lack any sort of cameo contrast. A small group shows moderate contrast. Considering the unprecedented field reflectivity and thick frosting on both sides of this incredible Premium Gem, we feel confident this must have been one of, if not the first impression from the dies. Myriad raised polish lines are apparent on the portrait and in the fields. Each side is a deep yellow-gold hues and nearly perfectly preserved. Truly a monumental opportunity for gold commemorative specialists.

HID02901242017
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