1907 $10 Liberty PR66 Cameo PCGS. CAC. JD-1, R.5....

Description

1907 Liberty Eagle, PR66 Cameo
Popular Final Date of Design
Tied for Finest at PCGS and CAC

1907 $10 Liberty PR66 Cameo PCGS. CAC. JD-1, R.5. The Mint switched to Augustus Saint-Gaudens' Indian design for the eagle denomination part way through the year in 1907, but a small proof mintage of 74 specimens of the old Liberty design was also struck to satisfy collector demand. The proofs were delivered in quarterly batches of 30, 15, 4, and 25 pieces. A single pair of dies was used to strike all the proofs. The reverse die shows heavy polishing on the scroll, with some distinctive artifacts by TR in TRUST that make it possible to distinguish between prooflike business strikes and real proofs. In United States Proof Coins, Volume IV: Gold, John Dannreuther estimates the surviving population at 45 to 55 examples in all grades today.

The Philadelphia Mint switched to an all brilliant finish for gold proof coins in 1902, making examples with strong field/device contrast, like the present coin, uncommon. The reason for this change in die preparation has never been conclusively explained, though it may have been prompted by the move to the new Mint building near the end of 1901. In any case, the 1907 Liberty proofs were well-produced, but few examples are seen with Cameo surfaces.

The present coin is a spectacular Premium Gem proof, with razor-sharp definition on all design elements. The impeccably preserved yellow-gold surfaces include deeply mirrored fields that contrast boldly with the unusually frosty devices to produce a startling gold-on-black cameo flash when the coin is tilted in the light. Overall eye appeal is terrific and the high quality within the grade is confirmed by CAC. This coin is tied with three other specimens for finest-certified at PCGS, making it a Registry Set essential. PCGS Population: 4 in 66 Cameo, 0 finer. CAC: 2 in 66, 0 finer (6/24).(Registry values: P1)
From The Benedict Family Collection.

Coin Index Numbers: (NGC ID# 28GE, PCGS# 88847, Greysheet# 9739)

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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