The Trzaska Collection Coin Album
CAC. Reverse Style D. Stars point to right serif of (STAT)E(S) and between AM. The obverse die is Dannreuther-1, same as on the rare 1867 Rays, with left serif of 1 over right half of a dentil, detached bottom leaf left of the shield, and recutting on the 7. According to research by John Dannreuther, this obverse was used first to strike With Rays proofs on or before Feb. 8, 1867, then No Rays proofs (as here), then more With Rays proof in a later die state. This No Rays Gem shows profound contrast and equal eye appeal over quicksilver surfaces that show no trace of color. A loupe reveals faint recutting on a couple of the reverse stars, but aside from a couple of tiny dark flecks there is little evidence of any post-Mint distractions. 1/0 (7/12) 1/1 (5/13) 1/3 (12/15)
CAC. Ex: Eliasberg. Graded PR67 in its Eliasberg auction appearance, and the piece appears essentially as made even when after prolonged study beneath a loupe. Precisely struck and nearly untoned. PCGS 14/0 (2/09) PCGS 19/4 (5/15) Ex: Edouard Frossard, 3/1894; J.M. Clapp; Clapp estate, 1942; Louis E. Eliasberg Collection (Bowers and Merena, 5/1996), lot 757.