1873 $10 PR65 Ultra Cameo NGC....

Description

1873 Ten Dollar, PR65 Ultra Cameo
Probably No More Than 15 Proofs Known
Ex: Trompeter

1873 $10 PR65 Ultra Cameo NGC. All 1873 tens have a Closed 3 in the date. Both business strikes and proofs are rare and, in fact, are of approximate equal rarity. Only 800 strikes for circulation were produced, plus 25 proofs. It is difficult to estimate the number of proofs known today as there appear to be a large number of resubmissions, especially in the PR63-64 range. However, among Ultra/Deep proofs only two pieces have been certified (the same coin resubmitted?), both PR65. We estimate that 15 or fewer proofs are known today in all grades out of a total of 23 auction appearances in non-Cameo, Cameo, and Deep/Ultra Cameo since 1991.
The Garrett-Guth gold reference makes an interesting observation:

"The Mint made aluminum trial strikes of this date in Proof, and it is possible that some were gold-plated and passed as the more valuable version (most gilt patterns that exist today are the result of such nefarious activities)."

This particular coin was once part of the complete Ed Trompeter Collection. It is identifiable by diagonal mark above star 3. Proofs of this issue are identifiable by the date a little below the center of the exergue; die polishing that has removed the interior of the lowest curl, leaving it dangling; and a plain die file mark slanting down and to the left from Liberty's eye.
The fields show the expected depth of mirroring, and the devices are heavily frosted, which yields strong cameo contrast on each side. There are a few light hairlines, but they fail to diminish the overall attractiveness and desirability of this proof eagle, one of the rarest in the With Motto series.
Ex: Kagin's 325th Sale (Kagin's, 9/1981), lot 2067; 1999 FUN Auction (Heritage, 1/1999), lot 8235.
From The Slotkin Family Trust Collection.(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.

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