1900 $10 PR66+ Ultra Cameo NGC. JD-1, R.5....

Description

1900 Liberty Ten Dollar
PR66+ Ultra Cameo
Exceptional Proof Type Coin

1900 $10 PR66+ Ultra Cameo NGC. JD-1, R.5. The Philadelphia Mint struck a generous mintage of 120 proof eagles in 1900, the largest proof mintage ever accomplished for the denomination. The coins were delivered in quarterly batches of 51, 20, 7, and 28 pieces throughout the year. A single die pair was used to strike all the proofs, but the dies were lapped at some point during the year, so two die states have been identified. The coin offered here represents Die State b, with excess die polish in the clear spaces in the shield. The turn-of-the-century date makes this issue extremely popular with type collectors and series specialists alike. John Dannreuther estimates the surviving population at only 50-65 examples in all grades, indicating a lower-than-expected survival rate.

Most of the eagles were initially sold as part of complete gold proof sets, but the sets were almost all broken up in later years. The sets began appearing at auction at an early date, with a typical offering being lot 360 of the David S. Wilson Collection (S.H. Chapman, 3/1907), "1900 $20, $10, $5, $2 1/2. Complete set." The lot sold to coin dealer John Zug for $50, a typical price for the time. Prices for gold proofs have risen exponentially in recent years and sales include the PR66+ Deep Cameo PCGS specimen in lot 3826 of our April 2020 Central States Signature that realized $78,000.

The 120 proof eagles struck in 1900 represented the pinnacle of production for the Liberty Head series. Eye appeal simply could not be better for this Plus-graded Premium Gem. Each side exhibits a deep shade of orange-gold color. The fields show remarkable depth of reflectivity with the sought-after orange-peel texture, surrounding thickly frosted relief elements. Field/device contrast is dramatic and contact is practically unseen. This coin is pictured on NGC Coin Explorer. Census: 5 in 66 Ultra Cameo (1 in 66+, 1 in 66+★ ), 3 finer (4/20).(Registry values: P1)

Coin Index Numbers: (NGC ID# 28G7, PCGS# 98840, Greysheet# 9719)

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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