1875 Gold Dollar. Proof-66 * Ultra Cameo (NGC).；This sharply cameoed, virtually pristine Gem really needs to be seen to be fully appreciated. Satiny and sharply struck, the devices appear to float atop deep pools of reflectivity in the fields. Bright medium gold color greets the viewer from both sides and further enhances already memorable eye appeal.<p>The gold dollars of 1875 are one of the classic rarities of the entire denomination. Only 400 examples rolled off the presses at Philadelphia for circulation, while a downright microscopic 20 Proof coins were produced. At the time of issue, there was little demand for the coin in everyday commerce, but instead were used by the jewelry industry who preferred the regular issue for their purposes as they did not carry the premiums that Proof specimens did. As a result most circulation strike specimens are in high grade, a fact further complicated by the relatively large number of Proof-like uncirculated coins. Fortunately, completely different sets of dies were employed and these Proof-like coins can be easily distinguished by a small raised projection below Libertys chin - no Proof specimen possesses this identifying mark. Peculiar to the Proof obverse die is clear die lapping at ERT of LIBERTY, while on the reverse the placement of the date has the left side of the 5 just to the left of the left side of the A of DOLLAR. Legendary as one of the most challenging of all the gold dollars to locate, the 1875 Proof gold dollar is also among the most desirable. Whether or not you are an advanced collector assembling a stellar date collection, specialist in nineteenth century Proof gold coins, or a passionate enthusiast of the gold dollar denomination, offered tonight is a small masterpiece of the coiners art.
