1862 $1.00 PCGS PR66DCAM CAC
/I'd like to think that I'm not overly prone to hyperbole when it comes to describing coins but I'm going to go out on a limb and state that this 1862 Proof dollar is one of the single best looking pieces of Proof gold that I have seen in years. It has remarkably strong contrast between the devices and the fields and it has clearly never been dipped or processed as have most Proof gold coins. A careful look at the surfaces with a 5x glass shows virtually no marks and a total absence of hairlines. A total of 35 Proof gold dollars were struck in 1862. Some were not sold and others were later impaired. All told, there at most fifteen known of which maybe four or five are Gems. The present example is clearly the second finest, trailing only the Eliasberg: 50 coin which was later sold as Scotsman 10/08: 790 (and graded PR67 Ultra Cameo * by NGC) where it brought a record $51,750. Proof gold coins of this quality, regardless of date or denomination, are almost never available and the fact that this amazing piece is a rare issue and a Civil War date makes it especially desirable.