1860 Gold Dollar. JD-1, the only known dies. Rarity-6+. Proof-66+ Ultra Cameo (NGC). A spectacular Gem example of this early Proof gold rarity, both sides have frosty cameo motifs and nicely contrasting mirror fields. Virtually all design features are defined to full advantage including Libertys tresses and the feathers in her headdress. Magnification reveals some faint, Mint-caused planchet granularity in and around the central reverse, most notably at the digits 86 in the date and to the right of the digit 1 in the denomination. Granularity is more limited on the obverse and confined essentially to the area around the letters RI in AMERICA. In the absence of appreciable blemishes, a tiny planchet void arcing up to the right in the field after the final letter S in STATES is the most useful provenance marker that we can find. Lovely in all regards, this impressive coin is sure to have no difficulty finding its way into an advanced cabinet.<p>Despite a mintage of just 154 coins - certainly very limited in an absolute sense - the 1860 gold dollar was produced in substantial numbers for a Proof gold coin of its era. The anticipated demand from contemporary collectors failed to materialize, however, and actual distribution fell far short of that total with John W. Dannreuther (2018) estimating that only 30 or examples were actually sold. According to research by R.W. Julian (as related by Dannreuther), unsold Proof 1860 and Proof 1861 gold dollars "were sent to the Melter and Refiner in January 1862 and consigned to the melting pot." The present example, the single finest certified in the modern numismatic market, is one of just 20 or so pieces believed extant. It numbers among the rarest of Proof gold coins of any denomination or type that we have ever offered, and is sure to see spirited bidding among specialists.<p>The single die marriage of this issue is most readily identifiable by a pair of die lines extending left from Libertys earlobe. PCGS# 97610. NGC ID: 25E3. NGC Census: 1; 0 finer in any category. There are no examples certified finer than Proof-66 Deep Cameo at PCGS.
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