SOLD – $1.00 – 1877 PCGS PR66 DCAM

1877_1_PPR66DCAM.jpg
1877_1_PPR66DCAM.jpg
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SOLD – $1.00 – 1877 PCGS PR66 DCAM

35,000.00

Serial Number 97627.66/25364452

PCGS Lookup Number 97627

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Only 20 Proofs were struck which gives this date, along with the 1874, 1875 and 1878, the lowest recorded mintage figure for any Proof gold dollar struck from 1857 onwards. There are around 10-12 known and this is the only 1877 gold dollar graded PR66 DCAM by PCGS, making it a strong candidate for finest known status.

This coin is pretty much “as struck” with strong black and white contrast between the devices and the fields and hairline-free fields. A small mark on the jawline might possibly be mint-made and there is some characteristic “orange peel” surface seen on the upper portion of the obverse. The visual appeal of this coin is very impressive, to say the least.

As this is a newly graded “population one” coin, there are no auction records for PCGS examples of this date in PR66DCAM. The auction record for an 1877 gold dollar in Proof is held by two coins: an NGC PR66* sold as Heritage 8/11: 7429 and Heritage 12/05: 1088, ex Garrett, and graded PR66 by NGC. Both brought $29,900.

Gold dollars offer the best value in all of the various 19th century Proof gold series as the collector without six figures to spend on a spectacular coin can still buying a finest known coin in the $30,000-40,000 range.