80 Proofs were struck; this is the highest mintage for Proofs of this denomination since 1859 but survivors are likely to number fewer than 30 coins.
This coin could act as a poster child for “originality” when it comes to Proof gold. As you might not know, well over 95% of all brilliant proof gold coins have been dipped at one time and this 1887 is a welcome exception with its deep, dusky golden-orange toning and natural haze. There are a few hairlines in the left obverse field as well as a mint-made planchet chip on the cheek of Liberty. That said, the coin has splendid eye appeal for the grade and is more cosmetically appealing than many PR64 examples of this denomination.
There have been just six auction records for this date in Proof since 2000 including two different Gems, one at $120,750 and the other at $126,500.
If you have been searching for a really neat and comparatively affordable Proof Liberty Head eagle with character and rarity in abundance, this 1887 is the coin for you!
CAC has approved this one in Cameo Proof with three higher; they have also approved two higher in Deep Cameo/Ultra Cameo.
|Grade||PCGS PR63CAM CAC|
|PCGS Price Guide||19000|
|PCGS Lookup Number||88827|