LOT #2606 |
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1910 $5 PR67 ★ NGC....
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Sold on Feb 15, 2008 for:
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Description
Spectacular 'Roman Finish' PR67 ★ 1910 Five Dollar
1910 $5 PR67 ★ NGC. The special nature of Roman Finish gold
is not generally appreciated by collectors. When the Mint switched
from the traditional brilliant finish to the matte finish in 1908,
it was a rough transition. Apparently collectors were caught by
surprise when the switchover occurred. Their general displeasure is
best seen by the numbers minted in the two years: 167 proofs in
1908 vs. 78 in 1909. Collectors were not silent about their
displeasure either. Editorials appeared in The Numismatist
and a resolution was sent by the ANA Board to the Mint in 1908.The Mint attempted to placate collectors by altering the finish in 1909 and subsequently in 1910. The finish on these pieces lacked the sandblasting seen in 1908. Rather, the coins were struck from special blanks and special dies, but there was no post-striking treatment. The result was a "bright" proof, as Mint personnel termed it.
This new finish was not appreciated by collectors either. In fact, it was disliked even more than the previous matte finish, particularly because the coins were not easily distinguishable from circulation strikes. This negative reaction had Mint officials jumping through hoops once again, and in 1911 they reverted to the matte finish. But for two years, proof gold was struck with this special process, so minimal it was almost a non-process. Special blanks and special dies created bright, shimmering coins. To the untrained eye, they do appear superficially like circulation strikes--except for the razor-sharp definition and uniformly bright surfaces.
The surfaces on this piece are bright yellow-gold with a fine-grain texture to the surfaces. We see no obvious or mentionable defects on either side of this magnificent coin. A rare opportunity to acquire an Indian half eagle struck in this rare, two-year proofing process. Census: 5 in 67, 4 finer (1/08).
From The Southwest Collection.(Registry values: N10218)
Coin Index Numbers: (NGC ID# 28E4, PCGS# 8541, Greysheet# 9334)
Weight: 8.36 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.
View all of [The Southwest Collection ]
Auction Info
2008 February Long Beach, CA Signature Coin Auction #460 (go to Auction Home page)
February, 2008
14th-16th
Thursday-Saturday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 1,991
Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.
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