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Lot
1777

1899 $10 PR55 NGC....

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

 
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Auction Ended On: Jun 4, 2010
Item Activity: 7 Internet/mail/phone bidders
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Location:

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

Description:
Fascinating Lightly Circulated
1899 Proof Eagle, PR55
1899 $10 PR55 NGC. The mintage of this proof eagle issue was only 86 pieces, but this example was apparently spent at some point. Was this piece spent by a collector down on his/her luck in the Panic of 1907, or was it a Depression-era grocery-buyer? If only this coin could talk ... like so many others. The proof status is justified by the considerable prooflikeness remaining on the lightly marked surfaces, but it is confirmed by the repunching on the base of the 1 and "microscopically" on the bottom of the 8, as cited in the Breen Proof Encyclopedia. The surfaces are golden-yellow overall and well-struck, and a small reverse planchet flaw--as made, but perhaps an incentive for circulation--appears around TA. It is interesting to note that this is one of two proofs so certified at NGC, with but 4 finer--one in PR60, three in PR65 (4/10).(Registry values: P1) (NGC ID# 28G6, PCGS# 8839)

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