1890 $10 PR65 Deep Cameo PCGS. CAC....

Description

1890 Eagle, Gem Deep Cameo
Among the Finest Known

1890 $10 PR65 Deep Cameo PCGS. CAC. Ex: Flanagan. This piece was formerly offered as lot 5348 in the Father Flanagan Boys Town sale (Superior, 5/1990), where it realized $68,750. (The PCGS holder displays the misspelling "Flannagan.") At that time it was cataloged as:

"1890. Eagle. NGC graded Proof 65. Cameo. Delicate toning. Spectacular quality for a Proof Eagle, the cameo contrast being the strongest we have seen on one of these. This is the only Proof 1890 Eagle graded by NGC. Because of its Gem quality it is sure to bring a lofty premium."

Lots 5346 through 5349 were individual coins from a complete gold proof set, each certified PR65 Cameo by NGC and each piece displaying similar delicate toning, appearing as an original set, rather than one that was assembled afterward. Lot 5350 was an offering of the entire set, but the coins sold separately.
We are unaware of any earlier provenance for this piece, now housed in a Gem Deep Cameo PCGS holder. Although Heritage has been privileged to offer a remarkable run of Liberty double eagles in recent months, this spectacular Gem is among the finest Liberty eagles that we have offered in quite some time, an assessment with which CAC apparently agrees, given their green label affixed to the piece.
When this piece is rotated just a tad under a light, the fields on each side easily "fade to black," producing the much-desired appearance of gold devices floating on immensely deep, black, watery fields. The strike and overall appeal are exquisite, and not much hindered by the few wispy signs of contact that nonetheless preclude an even finer grade.
The mintage of proof eagles in 1890 is given as 63 pieces, but few indeed survive in such commendable condition. Perhaps half that number survive today in all grades, with few at the Deep or Ultra Cameo levels. Population: 1 in 65 Deep Cameo, 1 finer (4/11).(Registry values: P2)

Coin Index Numbers: (NGC ID# 28FV, PCGS# 98830, Greysheet# 9689)

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 Certification Details from PCGS