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Lot
4990

1895 $10 PR65 Ultra Cameo NGC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 5, 2012
Item Activity: 4 Internet/mail/phone bidders
398 page views
Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
1895 Ten Dollar, PR65 Ultra Cameo
A Rarely Seen Proof Date
1895 $10 PR65 Ultra Cameo NGC. This stunning Gem has exceptional aesthetic appeal, and should prove to be a delightful addition to the connoisseur's collection. Both sides have impressively deep mirrors around highly lustrous and brilliant yellow devices. In addition, every individual star, numeral, and letter on the obverse and the reverse are fully lustrous and stand boldly against the fields, with the frosty border serving to frame the entire presentation. Only the faintest hairlines are reflected in the mirrors to limit the grade.
The mintage of this issue was limited to just 56 proofs, and a rather small percentage of those pieces, probably just one-third, still exist today. We estimate the total population in the range of 15 to 20 coins in all grades, including two pieces in the Smithsonian Institution. From that population, we believe that this example ranks among the top two or three pieces.
NGC and PCGS have combined to certify 42 examples of the 1895 proof eagles, with 13 pieces certified in Ultra or Deep Cameo quality. The best of these include two PR65 Deep Cameo PCGS; two PR65 Ultra Cameo NGC; two PR66 Deep Cameo PCGS; and one PR66 Ultra Cameo NGC coins. Of course, these totals include the possibility of resubmission, so the actual high-grade population is probably less. The opportunity to bid on and acquire such a magnificent specimen only comes along once in a great while. Census: 2 in 65 Ultra Cameo, 1 finer (11/11).
Ex: Long Beach Signature (Heritage, 5/2008), lot 3457.(Registry values: P1) (NGC ID# 28G2, PCGS# 98835)

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