1886 $10 PR66+ Deep Cameo PCGS. CAC. JD-1, R.6....

Description

1886 Eagle, PR66+ Deep Cameo
16 to 20 Proofs Believed Extant
Sole Finest at PCGS and CAC

1886 $10 PR66+ Deep Cameo PCGS. CAC. JD-1, R.6. Ex: Simpson. Liberty Head eagles were struck in both proof and circulation-strike format in 1886. Just 60 of the former were manufactured compared to 236,100 of the latter. Regular-issue 1886 ten dollar gold pieces are relatively collectible, though perhaps not quite as plentiful as those struck at the San Francisco Mint, with examples available through MS62 condition and even in Select Uncirculated for a price.

By contrast and unsurprisingly, 1886 proof eagles are spectacular rarities in all grades. John Dannreuther, proof gold expert and author of United States Proof Coins, Volume IV: Gold, Part II, estimates that 16 to 20 proofs survive. He writes:

"Not much unusual is noted for 1886 Proofs with cameo and deep came specimens the norm. The illustrated coin from the Simpson collection is a spectacular example with heavy frost accenting the mirrored fields. These are called 'back and white' Proofs for the extreme contrast between the fields and raised elements, just as the silver Proofs are labeled."

The Simpson coin plated in Dannreuther's reference also stands alone atop his list of significant examples for the date. Indeed, it ranks as the sole finest 1886 proof eagle at PCGS, leading a single PR65 Deep Cameo representative.

As Dannreuther notes, this exemplary Premium Gem displays dramatic field-device contrast, producing an unmistakable white-on-black appearance. Both PCGS and CAC have appropriately recognized this top-graded proof's high-end status. So, too, should potential bidders. Population: 1 in 66 (1 in 66+) Deep Cameo, 0 finer. CAC: 1 in 66, 0 finer (6/22).(Registry values: P2)

Coin Index Numbers: (NGC ID# 28FR, PCGS# 98826, Greysheet# 9677)

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.

View all of [Important Selections from The Bob R. Simpson Collection, Part IX ]

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