1896 $10 PR65 Ultra Cameo NGC....

Description

Gorgeous Gem Ultra Cameo Proof 1896 Eagle

1896 $10 PR65 Ultra Cameo NGC. The 1896 had the highest stated mintage for a proof eagle issue to that time, with 78 pieces coined, but it seems certain today that not all of those pieces were sold, and that the official production figure is not reflective of its actual rarity. Garrett and Guth write that " ... this date appears at auction only a trifle more frequently than dates with much lower mintages (such as 1894 and 1895, for example). In reality, the 1896 [proof] eagle is an underrated date that deserves much more attention than it has received in the past."
While many proof gold type collectors will bypass issues such as the 1896 in favor of coins from the span of 1899 to 1907, which are often available for slightly less than their earlier counterparts, such an approach does not take into account the desirability of such pieces to numismatists who collect by date or year, nor does it reflect the shift in production practices and quality that took place in the earliest years of the 20th century. The late 19th century issues, with their frequency of strong contrast and often-powerful eye appeal, may prove to be more rewarding in the long term.
Of the estimated 20 to 30 distinct survivors known today, few can equal the preservation and attractiveness offered by this Ultra Cameo Gem. The deeply mirrored yellow fields and exquisitely detailed, moderately frosted devices approach black-and-gold contrast. Aside from faint disturbances at the field to the left of Liberty's forehead and below the eagle, the surfaces border on flawless. Census: 2 in 65 Ultra Cameo, 4 finer (6/08).(Registry values: P1)

Coin Index Numbers: (NGC ID# 28G3, PCGS# 98836, Greysheet# 9707)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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