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GOLD COINS
Proof gold coinage
Article # : goldcoin103
Proof gold coinage.
The Liberty Head double eagle ($20 gold piece) illustrated here is a Proof-64 dated 1862, and it's not only gorgeous but rare: Just 35 proofs were made of this coin with that date.
Proof gold coins in general are properly regarded as the Rolls-Royces of U.S. numismatics. Many have mintages of 50 or 100--certainly no more than a few hundred--and only a handful survive today in pristine condition.
Proof gold coins with cameo contrast between the fields and devices have irresistible allure, and feverish demand has always existed for these highly sought-after coins. The golden pond-like reflectivity of the fields and lovely frosted nature of the devices combine to make these coins incredibly desirable--and, of course, exceptionally collectible.
In Proof-66, Liberty quarter eagles ($2.50 gold pieces) carry current sight-unseen bids of $13,500 for NGC-graded specimens and $13,250 for those graded by PCGS. In Proof-65, the corresponding values are $9,100 and $9,000. Back in May of 1989, the same coins would have cost $55,000 in Proof-66 and $32,250 in Proof-65.
Source: pocketchangelottery.com