LOT #1776 |
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1883 $10 PR65 Ultra Cameo NGC....
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Sold on Jun 4, 2010 for:
$48,887.65
Bid Source: Internet bidder
Description
Possibly Finest 1883 Eagle, PR65 Ultra Cameo
1883 $10 PR65 Ultra Cameo NGC. As a class, proof gold coins are the rarest of the rare, with mintages limited in most cases to a few dozen coins per year, and survival rates are usually quite low. For example, the Philadelphia Mint coined 49 proof eagles in 1883, and today probably just 15 to 20 of those coins survive. Among the known 1883 proof eagles are the Carter, Bass, Trompeter, Starr, Garrett, ANS, and Smithsonian specimens. In addition to those seven coins, we have only located another dozen auction appearances over the past two decades.This example from the Amon Carter Collection may be the finest known. NGC and PCGS have graded a total of 16 proof 1883 eagles, and two NGC PR65 Ultra Cameo pieces, including this specimen from the Carter Collection, are at the top of the charts (5/10).
In 1984, Stack's wrote about this piece:
"A beautiful, deep yellow-green example with cloudy toning. A few tiny marks on the chin and some very faint lint marks. Another date lacking in the Eliasberg Collection. There is no doubt that the rarity of these Proofs in the 1880's belies how many coins were struck. Most were probably never distributed."
This gorgeous Gem exhibits deeply mirrored fields with highly lustrous yellow-gold devices. The fields have a faint watery appearance, typical of most 19th century proof gold pieces. All design elements on both sides are exceptionally bold. Every aspect of this piece is incredible, and the overall eye appeal is first-rate. Here is a great opportunity for the proof gold collector.
Ex: Amon Carter (Stack's, 1/1984), lot 778.(Registry values: P3)
Coin Index Numbers: (NGC ID# 28FM, PCGS# 98823, Greysheet# 9668)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
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.
Auction Info
2010 June Long Beach, CA Signature US Coin Auction #1140 (go to Auction Home page)
Auction Dates
June, 2010
3rd-6th
Thursday-Sunday
Bids + Registered Phone Bidders: 17
Lot Tracking Activity: N/A
Page Views: 5,588
Buyer's Premium per Lot:
15% of the successful bid per lot.
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