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Description

1892 Proof Ten With Mint-Created Surface Defects

1892 PR 62 Cameo NGC. Ex: Trompeter. Of the 72 proofs struck in this year, estimates range from 20-25 known today (Akers) to a high of 25-30 (Breen). Either way, this is a very scarce proof ten. The frosted devices and deeply mirrored fields make for a strong cameo contrast and effective color combination. However, unlike most of the Trompeter proofs, this piece is not among the finest known or certified. Its grade is derived not from extensive post-striking impairments but rather from a couple of Mint-caused problems that diminish the visual appeal of the coin slightly and therefore inhibit its value. On the upper obverse there are a number of diagonal roller marks, made when the planchet was passed through a pair of rollers that reduced the thickness of the planchet prior to striking. Common on 1902-S silver dollars and a few other dates to a lesser extent, such an occurrence is very rare on proof coins, especially proof gold, this being the first we have seen. Additionally, on the reverse, there is a long planchet lamination beneath the eagle's right (facing) wing. Without these Mint-caused defects this coin has the appeal and most likely the grade of a gem. An interesting coin. (NGC ID# 28FX, PCGS# 8832)

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Auction Dates
January, 1999
8th-11th
Internet/Mail/Phone Bidders: 1
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