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Lot: 2196
Auction: 1110  
1893 $10 PR64 Cameo NGC....
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Ended: Jun 26, 2008
 
Buyer's Premium: 15% of the successful bid (minimum $9.00 per lot)
Description
Magnificent PR64 Cameo 1893 Ten Dollar


1893 $10 PR64 Cameo NGC. Ex: Pittman. The mintage of the 1893 proof ten is somewhat misleading with 55 pieces struck. One would expect a survivorship in the range of 25-30 pieces, but the actual number seems to be around 15-20 coins. In addition to its absolute rarity, the 1893 ten is also a condition rarity. At the PR64 Cameo level, this piece is one of the finest survivors known. It is tied with five other pieces at this level (how many of these are resubmissions?). The only finer pieces are a non-Cameo PR65, three PR65 Deep/Ultra Cameos, one PR66 Ultra Cameo, and the finest piece certified, an NGC PR67 Ultra Cameo.
David Akers' cataloging of the Pittman Collection makes note of the following die characteristics for the 1893: "The heavy date is low in the field with the 1 closer to the denticles than to the bust, 8 and 9 slightly higher than the 1 and 3, and 93 open. The reverse is similar to the 1892 with thin vertical bars in the four left red stripes of the shield and mirror surfaces between some, but not all, denticles."
This is certainly a proof that "carries its own credentials" as Walter Breen used to say. The fields are deeply mirrored and display the orange-peel texture that is often seen on gold proofs from this era. The devices are heavily frosted and set up a stark contrast against the fields. Identifiable as the Pittman piece by a shallow vertical scrape in the left obverse field and a tiny contact mark out from the point of Liberty's nose. Rich orange-gold color and a magnificent example of this rare ten dollar proof.
Purchased by John Pittman from Abe Kosoff (3/13/1962) for $650 using funds remaining on account with Kosoff from the Max Justus transaction of 1959.
From The Charleston Collection.(Registry values: P2) (#88833) View Entire Collection.

Auction Name: 2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-2455)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 8 Internet/mail bidders, 574 page views



Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 324, Lot 6742 Saturday, May 31, 2003 64 NGC $25,300.00
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