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    Description

    PR67 Cameo 1899 Eagle
    Superb Quality, Close to Ultra Cameo

    1899 $10 PR67 Cameo NGC. CAC. There is a certain je ne sais quoi about the 1899 proof gold coinage; while the eagle, for example, survives in an amount far smaller than its proof mintage would suggest -- perhaps 25 pieces out of 86 struck -- some of those survivors are in remarkably high grade, and well-heeled collectors seem more than eager to pony up for the prizes.
    A PR68 ★ Ultra Cameo example of the 1899 eagle, certified by NGC, realized $149,500 and $138,000, respectively, when it was offered in our Signature sales four years apart (Heritage Long Beach, 5/2008, lot 3458; FUN 1/2012, lot 4994). Another example certified PR67 ★ Ultra Cameo brought $74,750 in our FUN Signature (Heritage, 1/2009), lot 4119. And a PR66 Ultra Cameo NGC example in our Phoenix Signature (Heritage, 3/2008), lot 1593, garnered an impressive $80,500.
    The present piece is a PR67 Cameo specimen, by far the finest-graded Cameo example we have seen. But for comparison purposes, we would note a PR65 non-Cameo example brought $94,875 in our FUN auction of 2005 (Heritage, 1/2005), lot 30062. That piece was certified in an old-style small-format PCGS holder.
    This is a coin of marvelous aesthetic quality, and it looks like the obverse falls just shy of an Ultra Cameo designation, while the reverse on its own would make it. Both sides show thick mint frost, the reverse a tad more so, with fully reflective mirrored fields and a complete strike throughout. A loupe reveals only a couple of pedigree markers, in the form of tiny ticks in the lower reverse fields, and a small vertical mark just before the bust truncation. Census: 2 in 67 Cameo, 0 finer (6/12).(Registry values: P1) (NGC ID# 28G6, PCGS# 88839)

    Weight: 16.72 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    August, 2012
    2nd-5th Thursday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 839

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