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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5957

Starting price: 1 USD
Price realized: 70 000 USD
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Proof Liberty Eagles
1901 $10 PR66+ Deep Cameo PCGS. CAC. The type-coin appeal of this 20th century proof ten issue is obvious, although acquiring an example will prove challenging. The 1901 proof Liberty eagle had a small mintage of 85 pieces, of which 50 to 65 examples are believed to survive, including two in the Smithsonian Institution. The certified population is highly inflated, as NGC and PCGS combined list 91 coins -- more than were reportedly struck. Our Permanent Auction Archives show mainly multiple appearances of a few impaired examples, with high-grade pieces being scarce. In fact, we have previously handled only two other different Deep Cameos. These include seven appearances of a PR64 Deep Cameo PCGS coin, which realized nearly $23,000 in its last offering (Heritage, 10/2016), lot 3330, and a PR65 Ultra Cameo NGC example, which garnered $46,000 in the Phoenix ANA Signature sale (Heritage, 3/2008), lot 1595. The most recent auction sale of a Premium Gem Deep/Ultra Cameo was in Stack's 74th Anniversary sale (11/2009), lot 1924, where an NGC coin brought nearly $55,000.
Graded PR66+ Deep Cameo and CAC endorsed, this remarkable coin is not only the finest Deep Cameo that we have ever offered, it is the single finest known. Field-device contrast is spectacular, and the extent of the preservation dazzles the eye even beneath a loupe. The strike is full, and the fields are delightfully free of bothersome hairlines. The appearance at public auction of this remarkable proof type coin is an opportunity that may not repeat itself for many years. We would not be surprised if a record price for the issue is realized by this coin. Population: 2 in 66 (1 in 66+) Deep Cameo, 0 finer. CAC: 2 in 66, 0 finer (11/16).
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