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Lot
3456

1889 $10 PR64 PCGS....

2008 May Long Beach, CA Signature Auction #1108

 
Sold for: $48,875.00 (includes BP )
Bid Source: Live: Phone bidder
Auction Ended On: May 30, 2008
Item Activity: 10 Internet/mail/phone bidders
5,435 page views
Description:
Exemplary 1889 PR64 Ten Dollar
Ex: Bass
1889 $10 PR64 PCGS. Ex: Harry W. Bass, Jr. The 1889 eagle had a production of only 45 pieces, a number that is somewhat on the low side even for the late 1880s and early 1890s, before annual proof emissions slowly started an uptick to the 120 pieces produced in the centennial year 1900. But as an issue, the 1889 is among the rarest of the 1885-1907 timeframe. NGC and PCGS together have certified only nine pieces in all grades (9/06). The Garrett-Guth gold Encyclopedia calls this piece "the rarest of the decade," further noting that "Even the 1891 issue, which has a similar mintage, is a far more 'common' coin." The Bass Sale cataloger, writing of this piece, said:

"Lovely cameo Proof with very light yellow devices and deeper fields. A wonderful example for the date or type collector. Although 45 Proofs are said to have been minted, probably fewer than 20 were sold and it is doubtful if more than a dozen can be traced today. As is true of all Proofs of this era, some are in institutions, others are damaged or otherwise impaired. The number of pieces in the Bass Collection--a combination of high numerical grade with excellent aesthetic appeal--is very low. To these attributes can be added the fact that the 1889 eagle is rare as a date in any and all grades, business strikes being very elusive."

The fields show illimitable depth of reflectivity, as one would expect from a proof, and the devices have a strong presence of mint frost, although the contrast is unacknowledged on the PCGS insert. The fields show a rippling, orange-peel texture and this coin is easily identifiable as the Bass piece by scattered light alloy spots around stars 10 and 11.
Ex: Bass II (Bowers and Merena, 10/1999), lot 1621.(Registry values: P3) (#8829)

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Service and Handling Description: Coins & Currency (view shipping information)

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Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 428, Lot 3028 Thursday, October 26, 2006 64 PCGS $27,600.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
63 $22,500 $20,000 $16,000 $14,500 $14,500 $15,500 $17,000
64 $35,000 $34,690 $27,750 $25,500 $25,750 $26,000 $31,500
65 $65,000 $59,380 $47,500 $43,500 $43,500 $58,000 ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 45 Christian Gobrecht
NGC 64 0 0 0 -
CAC - - - 0 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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