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Lot
2395

1855 10C Arrows PR67 Cameo NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 4 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Stunning 1855 Arrows Dime
PR67 Cameo
1855 10C Arrows PR67 Cameo NGC. Ex: P. Kaufman. The 1855 Arrows proof dime out of the Phil Kaufman Collection ranks among the finest of 29 certified pieces. Moreover, it is one of just four examples assigned the Cameo designation by NGC and PCGS. The level of preservation of extant pieces is relatively high, most falling into the PR64-PR65 range.
The mintage figure for this issue is unknown. While Walter Breen (1989) accounted for nine examples, including one in the Smithsonian Institution, our survey of previous catalogs with 1855 proof dime appearances suggests that most numismatists estimate 12-15 coins existing. The one exception is David Lawrence Rare Coins, which suggests there are probably about 30 proofs of this date extant.
Our research reveals what we believe to be nine separate examples, plus the Smithsonian specimen. The photo quality of many catalog appearances made plate-matching difficult. Some listings in the roster may represent the same coin:

1. PR67
Cameo NGC. An example in the present sale.
2. PR67 Cameo NGC. The Kaufman example.
This coin appears different than any of the following.
3. PR65 NGC. Allen Lovejoy Collection (Stack's, 10/1990), lot 283.
4. PR65. Eliasberg Collection (Bowers and Merena, 5/1996), lot 1151.
5. PR65 PCGS. 2000 ANA Money Show (Superior, 3/2000), lot 280; J.B. Worthington Collection (American Numismatic Rarities, 5/2005), lot 136.
6. PR64 NGC. Rarities Sale (Bowers and Merena, 8/1996), lot 79.
7. PR64 PCGS. Pre-Long Beach (Superior, 10/2000), lot 4346.
8. PR64 PCGS. Long Beach (Heritage, 2/2005), lot 6240. Pedigree markers visible on the plates include a carbon spot left of star 5, another under the cap, and one to the upper right of the reverse branch.
9. PR64 NGC. Richmond III Sale (David Lawrence Rare Coins, 3/2005), lot 1247.
10. Choice Brilliant Proof. Floyd T. Starr Collection (Stack's, 10/1992), lot 370.
11. Proof. Smithsonian Institution.

Additional Appearances
A. PR65 NGC. Orlando Sale (Superior, 8/1992), lot 93.
B. PR65 NGC. Central States Sale (Heritage, 5/2007), lot 2071.
C. PR64 PCGS. 1997 FUN Sale (Heritage, 1/1997), lot 5909.
D. PR64 NGC. Rarities Sale (Bowers and Merena, 8/1998), lot 110.
E. PR64 PCGS. Pre-Long Beach (Ira and Larry Goldberg, 6/2002), lot 2151.
F. PR64 NGC. Stack's (9/2006), lot 479.
G. Choice Proof 63/63. 1986 Georgia Numismatic Association Sale (Mid-American, 5/1986), lot 1542.
H. Proof. John Jay Pittman Collection (David Akers, 10/1997), lot 621.

Stunning Cameo contrast is evident on the Superb Gem Kaufman coin, regardless of the angle from which the piece is viewed. An exacting strike imparts strong definition to the design features, except for minor softness on the ribbing of the upper-most leaves. A few stray inoffensive hairlines on the untoned, nicely preserved surfaces should not be confused with the faint die polish lines visible in the fields.
From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three. (PCGS# 84744)

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