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1869 $10 PR61 Cameo NGC. CAC....
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Sold on Feb 22, 2018 for:
$38,400.00
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Description
1869 Ten Dollar, PR61 Cameo
From a Mintage of 25 Proofs
Top-Notch Eye Appeal
1869 $10 PR61 Cameo NGC. CAC. NGC has certified a total of
eight 1869 proof eagles. PCGS reports another four submissions.
These totals, including non-Cameo, Cameo, and Deep Cameo specimens,
are unsurprising. The Mint struck 25 ten dollar proofs in 1869, so
a survival rate of 12 to 14 examples makes sense. Breen wrote in
his Proof Encyclopedia that this issue was subject to "great
pressure from date collectors as almost unobtainable in business
strike form." That is certainly true of high-grade representatives,
which are virtually unknown. Otherwise, the 1869 circulation strike
is far more available despite its low mintage of 1,830 coins.Contrast between the glassy, jet-black fields and fully frosted devices is profound and bordering on Deep Cameo. Wispy lines on each side define the technical assessment, but the eye appeal remains top-notch. Two alloy spots appear within the O of GOD and between UR in TRUST. Certified in a former generation holder. Census: 1 in 61 Cameo, 4 finer in this category. CAC: 1 in 61, 0 finer (1/18).
From The Admiral Collection. (Registry values: P4)
Coin Index Numbers: (NGC ID# 28F7, PCGS# 88809, GSID# 9625)
Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
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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Auction Info
2018 February 22 - 26 LB Expo US Coins Signature Auction - Long Beach #1272 (go to Auction Home page)
Auction Dates
February, 2018
22nd-27th
Thursday-Tuesday
Bids + Registered Phone Bidders: 27
Lot Tracking Activity: N/A
Page Views: 768
Buyer's Premium per Lot:
20% of the successful bid per lot.
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