1886 Liberty Head Eagle
Proof:
The 1886 is one in a long line up of classic rarities in the Proof Liberty eagle series. Only 60 pieces were produced, a small mintage that suffered a nearly immediate reduction through the destruction of unsold examples in the Mint. Since the number of coins actually sold was not recorded, we have no way of knowing exactly how many specimens were actually distributed to contemporary collectors. Based on 15 to 20 coins believed extant, it seems likely that no more than half of the Proofs actually left the Mint. Elusive in all grades, and particularly above the Proof-64 level, the 1886 Proof eagle is typically encountered only when very important numismatic cabinets are offered at auction.
The example to the left was sold by Stack's Bowers Galleries in the Winter 2022 Showcase Auction, where it realized $144,000.