LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2164

1868 $1 PR64 Ultra Cameo NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:5,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1868 $1 PR64 Ultra Cameo NGC
<B>1868 $1 PR64 Ultra Cameo NGC.</B></I> Breen-6480. On the obverse the date is a bit high and slopes slightly down to the right. Early strikes from this die show double punching, which fades on later impressions--the bolder the double-punching is, the rarer the coin is. The point of the shield is over the left upright of the 1 in the date. <BR> In terms of rarity, Bowers notes while later-series proof issues such as the 1868 are more available today than earlier proofs, they are still quite rare in the aggregate. NGC has certified more than 100 proofs of this issue, but few are certified Cameo, far fewer still as Ultra Cameo. In PR64 Ultra Cameo, the grade of this piece, there is only one other sharing the grade, with two PR67 Ultra Cameo pieces finer (3/08).<BR> The double punching on this piece is apparent on the base and serif of the 1 and again on the lower loop of the 8. The surfaces are nearly brilliant, but the obverse shows just a hint of light golden-brown color. The contrast between the fields and devices could not be more pronounced. The devices are heavily frosted and provide a stark white contrast against the deep reflectivity in the fields. A few light hairlines on the obverse keep this coin from grading even higher. <BR><I>From The Queller Family Collection of Silver Dollars.</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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