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Lot
1776

1883 $10 PR65 Ultra Cameo NGC....

2010 June Long Beach, CA Signature US Coin Auction #1140

 
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Auction Ended On: Jun 4, 2010
Item Activity: 13 Internet/mail/phone bidders
4,620 page views
Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

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) (NGC ID# 28FM, PCGS# 98823)

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