1863 $10 PR63 PCGS. JD-1, High R.6....

Description

1863 Liberty Eagle, PR63
Only 30 Examples Struck
Ex: Garrett

1863 $10 PR63 PCGS. JD-1, High R.6. The Philadelphia Mint struck 30 proof Liberty eagles for collectors in 1863, to accompany a tiny business-strike mintage of 1,218 pieces. The proofs were delivered on March 23 and a single die was used to strike all the proofs. The reverse die shows an artifact on the right side of the O in OF, making it possible to distinguish between proofs and prooflike business strikes. John Dannreuther believes the obverse die was also used to strike the business strikes in 1863, and the reverse die was used again to produce proofs in 1864 and 1865. Probably no more than 12-14 examples are extant in all grades, including one coin in the National Numismatic Collection at the Smithsonian Institution and another in the collection of the American Numismatic Society. A third coin may be in the collection of the Connecticut State Library, but that piece is not confirmed.
The present coin claims an illustrious pedigree back to the Garrett Collection in the 19th century. The Garrett's were the major stock holders of the B&O Railroad, made famous by the Monopoly board game. This impressive Select proof exhibits sharply detailed design elements throughout, and the pleasing peach-gold surfaces include deeply reflective fields that provide bold, if unacknowledged, cameo contrast with the frosty devices. Some tiny hairlines are evident in the fields on close inspection, and an amber alloy spot is located above ES in STATES, but no other mentionable distractions are evident. Overall eye appeal is outstanding. Population: 3 in 63, 4 finer (8/22).
Ex: Heman Ely; W. Elliot Woodward; sold privately to T. Harrison Garrett as part of a deal for nine complete gold proof sets in October 1883; Robert and John Work Garrett in 1888; John Work Garrett in 1919; Johns Hopkins University in 1942; Garrett Collection (Stack's, 3/1976), lot 405; New England Rare Coin Galleries and Tom Tesoro; Long Beach 1 Sale (New England Rare Coin Auctions (^/1981), lot 1111, Tree Many Feathers Collection (Bowers and Merena, 9/2001), lot 295 (the sale was delayed by the 9/11 terrorist attack, and this coin was not offered when the sale was rescheduled to 11/2001).
From The Allan H. Goldman Collection, Part II. (Registry values: P5)

Coin Index Numbers: (NGC ID# 28EZ, PCGS# 8799, Greysheet# 9606)

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.

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