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Lot
3513

1910 $5 PR67 NGC. The official mintage for proof half eagles from 1910 is the highest of any date of its type, listed at 25...

2006 January Orlando, FL (FUN) Signature Auction #394

 
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Auction Ended On: Jan 5, 2006
Item Activity: 4 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Elusive Gem Proof 1910 Indian Half Eagle
1910 $5 PR67 NGC. The official mintage for proof half eagles from 1910 is the highest of any date of its type, listed at 250 pieces. This figure is either incorrect or a great many were melted at year's end as unsold because the 1910 is approximately twice as rare as the 1908, of which fewer pieces were struck, and of equal rarity with the 1909, an issue with only 78 proofs officially minted. Akers only recorded 17 auction sales of proofs over the decades he surveyed major gold auctions, and while more examples obviously exist, we estimate that no more than 50-55 coins are extant in all grades. The 1910 continues the two-year tradition of using the Satin or Roman Gold finish on gold proofs. Many business strikes were similarly finished, but there can be no doubt about the method of manufacture of this lovely, fully struck proof. Curiously a single Matte proof example exists of this date, but all other proofs have the Roman finish seen here. The surfaces have a very fine granular texture and appear to be essentially as struck save for the field beneath the eagle's beak which has a smooth, satiny texture in that area. With the unaided eye, one fails to notice any other blemishes, spots, or shiny areas that might lessen this splendid coin's pristine status, but under magnification, a microscopic flyspeck is mentioned in the obverse field under the ER of LIBERTY. This is noted for pedigree purposes only. Population: 5 in 67, 4 finer (11/05).(Registry values: N10218) (PCGS# 8541)

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