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Description

Spectacular 1906 Ten Dollar Gold, PR66 Ultra Cameo

1906 $10 PR66 Ultra Cameo NGC. The 1906 is one of three proof Liberty eagles, alongside the 1902 and 1905, that are distinctly scarcer than the rest of their 20th century brethren. While estimates of survivors have risen slowly over the decades, with a range of 25 to 30 given by Akers and 30 to 35 from Breen. Garrett and Guth suggest that "perhaps as many as half of the original 77 Proofs" still exist, but regardless of the population figure one believes, the 1906 proof Liberty ten remains a worthy challenge, and the pool of survivors is far smaller than the present demand.
Unlike certain other proof gold issues that came after the Mint's shift to largely brilliant proofs in 1902, the 1906 often comes with delightful contrast. In the NGC Census Report, across all grades, pieces with the Cameo designation outnumber those without, 19 to 10. Coins that show distinct contrast are among the most desirable, and the better the cameo effect, the more prized the pieces become. As noted by Garrett and Guth, the coins' " ... contrast ranges from moderate to strong and several lovely gems are known."
Curiously, all three of the proof 1906 Liberty eagles certified by NGC as Ultra Cameo have been graded PR66 (1/08); this may hint at resubmission, though the Heritage Auction Archives show a PR66 Ultra Cameo exemplar offered at the July 2002 New York sale which does not match the present lemon-gold example. The present piece displays a tiny planchet flake between the curves of Liberty's hair bun, something that the July 2002 specimen does not show. Its mirrors are exceptionally deep, and under a light, the coin showcases magnificent black-and-gold contrast. An exquisitely preserved representative that is sure to be a credit to the next collection that holds it.
From The Ultra Collection.(Registry values: P1)

Coin Index Numbers: (NGC ID# 28GD, PCGS# 98846, GSID# 9737)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz


Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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Auction Info

Auction Dates
March, 2008
6th-7th Thursday-Friday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 2,258

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Mar 7, 2008 for: $63,250.00
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