NNP

1875 20C Twenty Cents, Judd-1396, Pollock-1539, R.7, PR63+ NGC. CAC. Design. The obverse features the figure of Liberty at the seashore, similar to the Trade dollar motif, but with Liberty seated on a globe, inscribed LIBERTY, on which her left hand rests. Two flags and a sheaf of wheat appear behind. In her outstretched right hand, she holds an olive branch. A steamship trailing smoke is in the background. The reverse displays an open wreath surrounding the denomination 1/5 OF A DOLLAR, with UNITED STATES OF AMERICA/TWENTY CENTS around. Struck in silver, with a plain edge. Commentary. Saul Teichman states suggests that more than half a dozen are known, while the most recent Judd book (10th edition) assigns a High R.7 rating, suggesting that four to six are known. NGC and PCGS have each certified five examples of this pattern variety, suggesting that Teichman's rarity estimate at USPatterns.com is likely accurate. Physical Description. A glass reveals light hairlines on both sides. The toning is entirely original with reddish-gold, violet, and blue. Fully mirrored fields frame the satin devices of this Select proof. From The Eric P. Newman Collection.

From Newman I (Heritage Auctions, 4/2013), lot 4006, realized $14100.00. Image and description courtesy of Heritage Auctions, https://ha.com.