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Lot
1072

1854 10C Arrows PR66 Cameo NGC....

2009 August Los Angeles, CA US Coin Auction #1128

 
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Auction Ended On: Jul 31, 2009
Item Activity: 10 Internet/mail/phone bidders
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Location:

Hyatt Regency Century Plaza
2025 Avenue of the Stars
Los Angeles, CA 90067

Description:
Excellent PR66 Cameo 1854 Arrows Dime
Ex: Kaufman
1854 10C Arrows PR66 Cameo NGC. Ex: P. Kaufman. Walter Breen recorded eight different proofs in his 1977 Proof Encyclopedia, noting that he had seen a few others. David Akers wrote in the Pittman catalog that 30 to 35 may have been struck, but only 10 to 12 pieces have survived. Even though an exact population of proofs is not confirmed, this issue is clearly rarer than the 1854 half dime. The lower number of pieces known today may indicate that some proofs sets were issued by the Mint with business strike dimes. In later years, it is known that some sets consisted of a mixture of proofs and business strikes.
At the Mint, James Ross Snowden took the helm during the previous year, with 1854 representing his first full year in charge. Perhaps it is Snowden who deserves the credit for increased proof mintage. In the Eliasberg catalog, Dave Bowers called Snowden "the most numismatically interested person to hold the position up to that time."
As with the half dime, every digit touches the base of Liberty, and the arrowheads are large, joining the base and the border on each side of the date. Faint die lines extend vertically through the date and arrowheads from the border to the base. The shield point is over the left upright of the 1 and the skirt pendant is slightly left of center over the 5. The 5 and 4 are joined. Several reverse letters have tiny raised defects on their top surface.
The essentially brilliant surfaces have faint champagne color over silver-white surfaces. The devices are pristine and nearly perfect, and the powerful mirrors are carefully preserved. Every design feature is crisp, including a full wire edge around the entire circumference on both sides. As the sole PR66 Cameo coin graded by NGC (with none at that level certified by PCGS), this is arguably the finest survivor of the issue available today (6/09).
From The Bay State Collection, Part Two. (PCGS# 84743)

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