1895 $10 PR65 Ultra Cameo NGC. JD-1, R.6....

Description

1895 Ten Dollar Liberty, PR65 Ultra Cameo
Rare Proof Gold Issue
56 Pieces Struck

1895 $10 PR65 Ultra Cameo NGC. JD-1, R.6. The Philadelphia Mint struck a small mintage of 56 proof Liberty eagles for collectors in 1895, to accompany a substantial business-strike production of 567,770 pieces. The proofs were delivered in small quarterly batches throughout the year. A single pair of dies was used to strike all the proofs. Intense polishing of the reverse die resulted in a clear area inside the D of GOD, making it possible to differentiate between true proofs and prooflike business strikes. Following contemporary Mint policy, this was the only use of both dies. John Dannreuther estimates no more than 22 to 26 examples are extant in all grades today.

The proofs of this time frame are of outstanding technical quality. The Mint installed modern hydraulic coin presses in 1894, eliminating any variation in striking pressure and ensuring that even the most delicate features of the design were fully brought up. Meticulous die preparation for proofs resulted in spectacular Cameo surfaces, with richly frosted devices the norm. Numismatists agree the proofs of 1894 through 1901 are the best of the classic proof era.

This spectacular Gem proof exhibits razor-sharp definition on all design elements and the heavily frosted devices contrast profoundly with the deeply mirrored fields to create a startling gold-on-black flash when this coin is tilted in the light. The impeccably preserved orange-gold surfaces show only insignificant signs of contact, with a tiny nick on Liberty's throat the only useful pedigree marker. Overall eye appeal is terrific. Census: 4 in 65 Ultra Cameo (1 in 65+★ ), 3 finer (6/23).(Registry values: P1)

Coin Index Numbers: (NGC ID# 28G2, PCGS# 98835, Greysheet# 9704)

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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