1864 $10 PR63 Deep Cameo PCGS....

Description

Rare 1864 Liberty Eagle, PR63 Deep Cameo

1864 $10 PR63 Deep Cameo PCGS. Proof gold coins of all denominations and dates are rare, and those from the early to middle 19th century are all extremely rare. According to Mint records, 50 proofs of each gold denomination were struck in 1864, although some have speculated that a smaller number was actually sold, with the remainder melted within the Mint. The actual number that were sold may have been as little as 30 coins. Today, about 10 to 12 proofs still exist, including two in the Smithsonian Institution, and one in the American Numismatic Society. Therefore, the collectible population is only seven to nine coins. Aside from the three museum pieces, other specimens include the Garrett, Eliasberg, Trompeter, and Bass coins. Perhaps a dozen or so additional auction appearances represent two or three other coins, but most are appearances of the four pieces named above.
The variety matches Walter Breen's description in his Proof Encyclopedia. The date is well to the left of center, with the 1 about centered between the bust and border. The date slants down to the right. The left base of 1 is nearly over the left edge of a dentil, and the right base of the 4 is over the right edge of a dentil. The second vertical stripe in the shield is thin at its top, and the third strip is thin at its bottom. The rightmost element in stripe 6 extends upward to the third crossbar.
This piece appears to be a new example, different than any of the four coins mentioned above. We have been unable to locate a prior pedigree, so it may be one of the examples that Breen recorded in his Proof Encyclopedia. Both sides are deeply mirrored with rich yellow-gold color and exceptional contrast. A few faint hairlines and other marks limit the grade, the most noticeable of those is a diagonal mark below TE in STATES. Population: 2 in 63 Deep Cameo, 3 finer (3/08).
(Registry values: P5)

Coin Index Numbers: (NGC ID# 28F2, PCGS# 98800, Greysheet# 9611)

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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