1858 G$1 JD-1 PR67DCAM NGC
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1858 G$1 JD-1, High R.6, PR67 Ultra Cameo NGC. The 1858 date carries considerable significance in American numismatics, representing the first year that proofs were available to the public. Coins were distributed at face value and were the subject of speculation among dealers and collectors who stood nothing to lose and everything to gain. An estimated 300 silver-minor proof sets are believed to have been made, plus many more minor coins. However, proof gold coins were distributed in highly limited quantities, and only a handful of complete proof sets were sold, although Mint officials failed to keep any detailed records concerning the production of proof gold coins. Without a doubt, the 1858 gold dollar proof is very rare. John W. Dannreuther estimates a mintage of 25 proofs and a survival of 14 to 16 examples. Despite the low surviving population, it is virtually impossible to assemble an accurate roster because of the dearth of high-quality images and brief descriptions from earlier auction appearances. While Dannreuther records 13 distinct examples in his 2018 study, United States Proof Coins, Volume IV: Gold, he also lists 22 additional auction appearances that may or may not be among those in his census. Saul Teichman’s census on the Newman Numismatic Portal records 22 examples and writes that duplication is likely. Current population totals give a further indication as to the rarity of the 1858 gold dollar. There are 32 grading events in all categories at CAC, NGC, and PCGS combined. One third of those (11) are certified as Ultra or Deep Cameo, nine others are designated as Cameo proofs, and the other dozen are undesignated. Most importantly, this is the single finest 1858 proof gold dollar across all designations (6/26). The beauty of this impeccably preserved Superb Gem proof cannot be overstated. A thick layer of mint frost covers predictably fully struck motifs set starkly against deeply reflective and virtually unmarred fields, ...
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