LOT #4986 |
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1873 $10 PR64 Deep Cameo PCGS. CAC....
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Sold on Jan 5, 2012 for:
$48,875.00
Bid Source: HA.com/Live bidder
Description
1873 Close 3 Eagle, PR64 Deep Cameo
Only 25 Pieces Minted
Finest Certified at PCGS
1873 $10 PR64 Deep Cameo PCGS. CAC. Business-strike 1873
Liberty eagles are known in two different types, one with an Open 3
in the date and another with a Close 3. The Close 3 was used first,
and subsequently changed because Chief Coiner A. Louden Snowden
believed it was difficult to distinguish it from an 8. All known
proofs are of the Close 3 variety, as they were struck early in the
year.The 1873 Liberty eagle is rare in both formats, as only 800 business-strikes and 25 proofs were struck. Writing in 1988, Walter Breen estimated the surviving proof population at just 10-12 examples, including one in the ANS and another in the Smithsonian. PCGS estimates a slightly higher number of 12-15 coins still extant. PCGS and NGC have combined to certify a total of 16 specimens in all grades, probably including a few resubmissions and crossovers (11/11). Jeff Garrett and Ron Guth caution against gold-plated aluminum die trial pieces that have been passed off as proofs in the past.
The present coin is a magnificent Choice example that shows startling black-on-gold Deep Cameo flash when tilted in the light. The devices are richly frosted to provide profound contrast with the brightly reflective fields. The design elements are sharply detailed in most areas, but a touch of softness is apparent on the central obverse and the arrow fletching. The vivid greenish-gold surfaces show the slight "orange-peel" texture often seen on 19th century proofs. A few minor hairlines and contact marks, none worthy of individual mention, explain the grade. Population: 1 in 64 Deep Cameo, 0 finer (11/11).(Registry values: P4)
Coin Index Numbers: (NGC ID# 28FB, PCGS# 98813, Greysheet# 9638)
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.
Auction Info
2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166 (go to Auction Home page)
Auction Dates
January, 2012
4th-8th
Wednesday-Sunday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 1,599
Buyer's Premium per Lot:
15% of the successful bid per lot.
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