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Lot
4929

1896 $10 PR66 PCGS. CAC....

2010 October Stamford Coinfest Signature US Coin Auction #1145

 
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Auction Ended On: Oct 29, 2010
Item Activity: 12 Internet/mail/phone bidders
2,248 page views
Location: Marriott Stamford Hotel & Spa
243 Tresser Boulevard
Stamford, CT 06901
Description:

1896 PR66 Ten Dollar
Ex: Trompeter
1896 $10 PR66 PCGS. CAC. The high quality of the production of proofs from 1896 and 1898 are well known, reaching a high-water mark in these years, thus making these dates the obvious choices for type collectors. The mintage for the 1896 proof ten was 78 pieces. Of that number there have been 46 submission events over the past 24 years to both of the major services. If one subtracts perhaps a quarter of that number as resubmissions that have not been removed from the population data, there should be around 34 individual pieces extant today. This is slightly higher than Akers and Breen's estimates from two to three decades ago of 20-25 pieces.
This is the Ex: Trompeter coin. The pedigree identifiers are unmistakable, even though it is not designated as such on the insert. What is curious is the lack of a Cameo or even Deep Cameo designation. The coin was designated as a Cameo when we handled it in 1999, and the contrast is strong between the fields and devices on each side. The physical description from 1999 is just as valid today and we repeat it here:

"This sparkling coin has incredibly deep mirrors that provide a nearly black backdrop to the frosted golden devices seen on each side. There are some light, almost imperceptible hairlines in the fields. The only visual distractions we see are a couple of tiny contact marks to the left of the 11th star, and an almost invisible scratch from the border to the right of the 6 in the date vertically to Liberty's hair curl."


This is a terrifically attractive coin and one that was a part of one of the premier collections of proof gold assembled in the past hundred years. Population: 1 in 66, 0 finer (9/10).
Ex: Trompeter Collection (Heritage, 1/1999), lot 8258.(Registry values: P1) (NGC ID# 28G3, PCGS# 8836)

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