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1897 $10 PR67 Ultra Cameo NGC....
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Sold on Aug 3, 2012 for:
$76,375.00
Bid Source: Live: Floor bidder
Description
1897 PR67 Ultra Cameo Ten Dollar
The Finest Known of This Underrated Date
1897 $10 PR67 Ultra Cameo NGC. A mere 69 proofs were struck
of the 1897 proof ten. A good rule-of-thumb is around 50% of most
proof gold mintages remain today. But that is not the case for the
1897 ten. From that already small number, only 29 pieces have been
certified by both services as non-Cameo (13), Cameo (8), and
Ultra/Deep Cameo (8). That is only 42%, and that assumes every coin
certified is an individual piece and not resubmitted, which is
clearly not the case.The middle to late-1890s saw some of the highest production values ever on pre-World War II proof coinage. The contrast between mirrored fields and frosted devices is remarkable on many (most?) examples, yet there are a handful of astonishing specimens that transcend even this high baseline. This is the single finest proof 1897 eagle in the combined certified population, with only a PR66 Ultra Cameo for company among better-than-Gem specimens regardless of contrast (6/12). The devices are exquisitely detailed. The fields show amazingly deep reflectivity, and set against this is heavy mint frost over the devices; thus yielding the Ultra Cameo designation. This Superb Gem proof shows only a couple of tiny pedigree markers, including a tiny cluster of luster grazes in the forward-middle portion of Liberty's neck, a minuscule lint mark under Liberty's chin, and a check-like flaw in the field below the eagle's left (facing) wing.(Registry values: P1)
Coin Index Numbers: (NGC ID# 28G4, PCGS# 98837, Greysheet# 9710)
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 August 2-5 US Coins Signature Auction- Philadelphia #1173 (go to Auction Home page)
Auction Dates
August, 2012
2nd-5th
Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 1,436
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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