Lot 1669
1876. PCGS graded Proof 65 Cameo. Lovely rich golden toning with rose colored accents. A wonderful Proof. Only 45 minted. We always enjoy cataloging a rare Centennial issue 1876 Gold Dollar Proof, for this is among the rarest dates in the 1856-89 Type 3 design. The records show that 45 Proofs were produced in this, the one hundredth anniversary year of the Declaration of Independence. With such a revealingly low total, no one ever feels surprised when one sells for a landmark price. The present specimen is a boldly original Gem Proof, and it is has the faint die file marks at the AM in AMERICA that identify the Proof die. Beautiful colors, Nature’s bounty, envelop the entire surface with completely original colors. The devices are nicely stamped by the dies, they are beautifully frosted, and best of all they show strong contrast. The field dances light off its surface whenever the coin is dipped or tilted. The connoisseur of numismatic rarities will feel an urge to bid generously for this truly outstanding Gem Proof 1876 Gold Dollar, a milestone. Pop 1; none finer at PCGS (PCGS # 87626) .
1876 is famous in U.S. history for an unusual disputed presidential election. The voting that November resulted in a political ruckus of serious proportions. Rutherford B. Hayes, Republican, had 184 undisputed votes, Samuel J. Tilden, Democrat, 165, with twenty from South Carolina, Louisiana, Florida, and Oregon, in dispute. Tilden needed them all to be elected. Eventually, an electoral commission of fifteen men was appointed by Congress to decide the issue. On this there were eight Republicans and seven Democrats. Its decision was along strictly party lines, and Hayes became President.
Estimated Value $15,000-UP.
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| Realized $19,388 |
