1907 $10 PR65+ Cameo PCGS. JD-1, R.5....

Description

1907 Liberty Head, PR65+ Cameo
Final Proof Issue in the Series
Exquisitely Preserved

1907 $10 PR65+ Cameo PCGS. JD-1, R.5. Ex: Simpson. The year 1907 was a transitional one in American coinage. It represented the end of one era and the beginning of another. Long after its introduction in 1838, Christian Gobrecht's Liberty Head design was finally replaced in late 1907 with Augustus Saint-Gaudens' majestic Indian Head motif. According to John Dannreuther's United States Proof Coins, Volume IV: Gold, Part Two, proof 1907 Liberty eagles were delivered on March 28 (30), June 24 (15), September 27 (four), and December 30 (25), for a total of 74 specimens. Of those, he estimates 45 to 55 examples extant in all grades, writing:

"This is the last of the brilliant Proof eagles, so one would expect excellent examples. There are cameo coins, but the heavily frosted era ended in 1901 and never resurrected. We end the series on a downer with pretty coins, but not spectacular examples like seen in 1901 and previous years."

That may be true for the majority of 1907 Liberty Head proofs, which are overwhelmingly found in non-Cameo grades, particularly in the PR63 and PR64 levels. However, the present PR65+ Cameo offering certainly qualifies as spectacular in our book. Yellow-gold surfaces are exquisitely preserved -- clearly high-end for the grade -- without any obvious signs of post-production contact. Heavy die polish appears on the reverse, as made, and contrast is readily apparent throughout. Cameo representatives, particularly those this fine, are formidable rarities, and Deep or Ultra Cameo proofs are unknown. Population: 4 in 65 (2 in 65+) Cameo, 4 finer (2/22).(Registry values: P1)

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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