1911 $10 MS67 PCGS. CAC....

Description

Amazing MS67 1911 Ten Dollar
Ex: Kutasi

1911 $10 MS67 PCGS. CAC. Ex: Kutasi. The 1911 is one of the more frequently encountered issues in the ten dollar Indian series, but its availability drops off dramatically after the MS64 level. Superb coins are virtually nonexistent and are certainly no more available than the 1932 or 1926. Only seven other pieces have been so graded by PCGS with none finer, while NGC has certified seven coins with three finer (7/09).
One of the most interesting stories about the 1911 ten dollar, one that helps explain its availability in high grade, is the discovery of a hoard in the early 1990s. A Pontiac dealership in Ulysses, Kansas had gone out of business after many decades of selling cars and parts. A prospective buyer of the dealership was looking through a dusty storeroom of obsolete parts, and he discovered an old carburetor box that contained 30-40 Mint State 1911 eagles. Apparently the coins had been hidden by the original owner who had long since passed away.
The surfaces of this piece show the fine-grained texture one expects from this date, with a generous overlay of yellow-orange frosted mint luster that flows around each side, unimpeded by the abrasions one normally expects from this type. In fact, the only marks we see are a couple of minute, inoffensive ones on the Indian's temple. Simply outstanding quality in this challenging series. Sharply defined throughout.
Ex: Phillip Morse Collection (Heritage, 11/05), lot 6510, where it realized $46,000; 2007 FUN Auction (Heritage, 1/2007), lot 3173.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 28GT, PCGS# 8868, GSID# 9751)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 505,595

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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View Certification Details from CAC sticker