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1895 $10 PR65 Cameo NGC. CAC. JD-1, R.6....
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1895 Ten Dollar, PR65 Cameo
From a Mintage of Only 66 Pieces
Tied for Finest Known, Ex: Trompeter
1895 $10 PR65 Cameo NGC. CAC. JD-1, R.6. Ex: Trompeter.
Mintages for large denomination proof gold were remarkably low
throughout the 1880s and 1890s. It wasn't until 1900 that
production for ten dollar gold pieces broke into triple digits. In
1895 the number of proof tens struck increased from 43 the year
before to 66 pieces this year. That number of 66 proofs is at
variance with the previously published mintage figure of 56. The
66-coin mintage is taken from John Dannreuther's latest opus on
proof gold, where he breaks down the mintage by deliveries: 15
pieces on March 26, followed by mintages of 10, 16, and 25 pieces
recorded on December 31. JD estimates the number of survivors in
the range of 22 to 26 proofs. Only one pair of dies was used with
no die states observed, other than a perfect obverse and reverse
state. Quality of the surviving proof 1895 tens is uniformly high,
a quality that John attributes to the use of a hydraulic press for
the first time. Previously proof gold coinage was produced with a
screw press; generally with excellent results, but the hydraulic
press ensured more uniform strike definition.This high-quality gold piece was once part of the spectacular collection of proof gold assembled by noted collector Ed Trompeter. Heritage acquired the majority holding of the Trompeter estate of proof gold for $15.1 million in August 1998, the first eight-figure private transaction in numismatic history. In July 1999, Guinness World Records awarded Heritage the record for the world's largest private transaction for a coin collection. This particular coin was sold in the FUN Auction in January 1999, where it realized $44,850.
As one would expect for this issue, the fields are deeply reflective and set a "black" background against the frosted devices, the combination producing the cameo effect noted on the NGC insert. There are essentially no pedigree identifiers on either side. In the 1999 catalog appearance, two identifiers are mentioned, but they are so minute they may not show up in a photo and are almost indiscernible with the coin in-hand. John Dannreuther lists 10 coins on the roster in his proof gold reference with another three additional appearances. There are only three other PR65 coins certified at NGC (6/19) and two Gems graded at PCGS. No Cameo coins have been certified finer at either service.
Ex: Ed Trompeter Collection; Trompeter Estate; Heritage; Heritage customer private treaty sale; FUN Signature (Heritage, 1/1999), lot 8257, which realized $44,850.
From The Cody Brady Collection. (Registry values: P1)
Coin Index Numbers: (NGC ID# 28G2, PCGS# 88835)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [The Cody Brady Collection ]
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