LOT #7940 |
Sold on Aug 18, 1995 for: Sign-in
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1910 $10
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Description
Lovely 1910 Proof
1910 PR 63 PCGS. Like the 1910 quarter eagle and half eagle, the mintage of the eagle for this year is suspiciously large. It was recorded that 204 proofs were struck of this denomination, but in light of how few examples are known today either the mintage was recorded incorrectly or most were melted. Unfortunately, there was not enough collector demand at the time to support such a lofty mintage, and today the 1910 ten-dollar is one of the rarest of all 20th century U.S. gold issues. The literature for this series states that perhaps as few as 15-20 pieces survive today with Akers having only recorded 15 appearances at public auction over a 37-year period. We believe, however, that the actual number of survivors is somewhat higher and estimate that perhaps as many as 30-45 pieces are extant today.Proofs of this year continue the two-year tradition of using the Roman Gold finish, a hybrid matte and semi-brilliant proofing process that produced beautiful coins, but were all too often confused with business strikes by careless collectors or their heirs.
The surfaces of this coin are bright and satiny, and at a casual glance appear to be without blemish. When more closely examined, however, one notices a few very light hairlines in the fields. We doubt the coin was ever actually cleaned, it appears to have only been wiped once with a cloth, and the surfaces are not unnaturally bright, rather they show only the intense sheen one associates with proofs of the Roman Gold finish. In fact, this piece has color that has a reddish-orange patina over both sides. A coin of unquestioned significance and great rarity.
Coin Index Numbers: (NGC ID# 28HG, PCGS# 8892, Greysheet# 9778)
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.
‡ The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.
Auction Info
1995 ANA Sale #139 (go to Auction Home page)
August, 1995
16th-19th
Wednesday-Saturday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 334
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