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Lot
7495

1910 $5

1994 ANA Sale #122

 
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Auction Ended On: Jul 29, 1994
Item Activity: 1 Internet/mail/phone bidders
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Description:
NGC 1910 PR 66. The official mintage for proof half eagles from 1910 is a whopping 250 pieces. This figure is either incorrect or a great many were melted at year's end as unsold because the 1910 is just as rare as 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 would 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 status of this pristine, fully struck proof. The surfaces have a very fine granular texture, except for a couple of areas in the upper reverse fields where the matte finish did not take, leaving these areas as small islands of brilliance in a sea of granularity.
The coin is unaffected by coloration other than the natural orange-gold it left the mint with. This lack of patina is really quite fortunate as it allows the bright satiny sheen of the Roman Gold finish to be fully realized on this coin. After looking repeatedly with strong magnification we can claim to have finally found a flaw on this otherwise immaculate coin: there is a tiny horizontal mark in the obverse field just in front of the Native American's upper lip. Not much of a flaw really, but we mention it for the sake of accuracy anyway. Otherwise, the coin is a flawless gem with immensely attractive surfaces. This is the only Proof 66 certified by either of the major services (4/94) and to the best of our knowledge, stands as the finest known example of this rare date. (PCGS# 8541)

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