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1873 Close 3 Eagle, PR64 Deep Cameo
Only 25 Pieces Minted
Finest Certified at PCGS

1873 $10 PR64 Deep Cameo PCGS. CAC. Business-strike 1873 Liberty eagles are known in two different types, one with an Open 3 in the date and another with a Close 3. The Close 3 was used first, and subsequently changed because Chief Coiner A. Louden Snowden believed it was difficult to distinguish it from an 8. All known proofs are of the Close 3 variety, as they were struck early in the year.
The 1873 Liberty eagle is rare in both formats, as only 800 business-strikes and 25 proofs were struck. Writing in 1988, Walter Breen estimated the surviving proof population at just 10-12 examples, including one in the ANS and another in the Smithsonian. PCGS estimates a slightly higher number of 12-15 coins still extant. PCGS and NGC have combined to certify a total of 16 specimens in all grades, probably including a few resubmissions and crossovers (11/11). Jeff Garrett and Ron Guth caution against gold-plated aluminum die trial pieces that have been passed off as proofs in the past.
The present coin is a magnificent Choice example that shows startling black-on-gold Deep Cameo flash when tilted in the light. The devices are richly frosted to provide profound contrast with the brightly reflective fields. The design elements are sharply detailed in most areas, but a touch of softness is apparent on the central obverse and the arrow fletching. The vivid greenish-gold surfaces show the slight "orange-peel" texture often seen on 19th century proofs. A few minor hairlines and contact marks, none worthy of individual mention, explain the grade. Population: 1 in 64 Deep Cameo, 0 finer (11/11).(Registry values: P4) (NGC ID# 28FB, PCGS# 98813)

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Auction Dates
January, 2012
Internet/Mail/Phone Bidders: 10
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