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Lot
5216

1907 $10 PR66 Cameo NGC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 6, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

1907 Liberty Ten, PR66 Cameo
One of the Finest Known
1907 $10 PR66 Cameo NGC. Ex: Amon Carter. The 1907 is a transitional year for ten dollar gold pieces. It was the final year of production for the long-lived Liberty type, a design that began in 1839. The new Saint-Gaudens designs were going through the various experimental stages with the Wire Rim and Rolled Rim before settling on the regular issue later in the year. The spotlight was definitely on the latter coins, with little note made of the Liberty design. However, it would prove to be the final year not only for the type, but also for mirrored proofs.
The official mintage for proof 1907 tens was 74 pieces. However, the two major certification services have graded a total of 96 coins. This suggests either more than 74 proofs were struck and sold, or there is a large number of resubmissions for this issue.
After the Mint discontinued its short-lived experiment with all-brilliant proofing in 1903, the proofs produced after that time seldom showed the stark contrast seen on proofs from the late 19th century. However, this piece shows surprising contrast on each side. The fields of the dies were highly polished, producing an astounding depth of mirroring on each side. The fields also display minor orange-peel effect, produced by heating the gold planchets in an annealing oven set at too high a temperature. The devices are moderately frosted, suggestive of an early strike rather than an intentional aesthetic device employed by Mint personnel. The heavy die polishing is especially evident when one examines the central devices and notices the detached hair bun, complete polish behind LIBERTY, thinned shield bars, and partially effaced feathers. The coin remains bright yellow-gold, and we note no obvious defects on either side. A simply magnificent example of this popular design type.
Ex: Amon Carter (Stack's, 1/1984), lot 800.(Registry values: P1) (NGC ID# 28GE, PCGS# 88847)

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