1909 $10

Description

PCGS 1909 PR 65. An exceptionally rare proof gold coin with only 74 specimens struck in the year of issue. It has been variously reported that between 7-9 and 20 proofs still exist of this year. Akers uncovered only 13 appearances in auction over the decades he surveyed for his work on the series. We believe the number of pieces extant to be somewhat higher and estimate that perhaps 30-45 pieces may still exist.
The matte surface for this year and the next is the enchanting Roman Gold finish. This semi-brilliant proofing process gives the piece a bright, satiny appearance with a pale lemon-gold color, obviously quite different from the traditional matte finish. As noted in the write-up for the other denominations for this year, the 1909 gold set was sufficiently rare at the time of issue that it took Henry Chapman four years to find a set for noted collector Robert Garrett. Roman Gold tens are very rarely seen today and infrequently appear at major auctions.
The surfaces of this piece are bright and satiny, as previously noted, and the only contact mark we can find with magnification is a small one in the field below star 1 on the obverse. There are a few tiny spots of color scattered about each side, probably the result of impurities in the gold/copper alloy. These are very small and have no effect on the overall attractiveness and beauty of this significant gold proof offering. The current (June) PCGS Population Report shows that only 3 other pieces have been so graded with 2 certified in Proof-66.

Coin Index Numbers: (NGC ID# 28HF, PCGS# 8891, GSID# 9777)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.53oz
Mintage: 74

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.

View Certification Details from PCGS