Heritage World Coin Auctions
ANA Signature Sale 3056 3 Aug 2017
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Canada
Victoria 10 Cents 1889 MS63 PCGS, London mint, KM3. As one of the key dates in the series, this current selection absolutely delights with surfaces awash in pastel hues of peach, turquoise, and honeydew, providing a lovely backdrop for the portrait of Victoria. Featuring a solid strike, the obverse and reverse details are consistent with the assigned grade, and aside from a few stray ticks, the fields remain clear of distractions. The characteristic die-crack seen extending from the letter "I" in Victoria is also presented clearly and is one of the diagnostic marks typically seen on this issue. There is an interesting history surrounding the rarity of this date, with questions regarding the exact number of coins minted in 1889, the possibility of only one die-pairing being used, and how many of the reported 600,000 mintage were actually dated 1888. Helping to refine the data, between both NGC and PCGS population reports, there are currently only nine certified mint-state examples of this date, with only three pieces graded finer than this current offering. Of those three, we sold an MS66 in our 2010 New York sale, which hammered at $75,000. In reviewing other auction records, it is further confirmed that there is a wide spread between the value of those sold in grades of XF and those sold in true mint-state designations. And, the rarity of this type is also in its availability--since it is seldom offered in the marketplace at any level--which makes this a wonderful opportunity for the advanced collector of Canadian minors to acquire an extraordinary example of this significant date.
HID02901242017
Estimate: 15000-25000 USD
Victoria 10 Cents 1889 MS63 PCGS, London mint, KM3. As one of the key dates in the series, this current selection absolutely delights with surfaces awash in pastel hues of peach, turquoise, and honeydew, providing a lovely backdrop for the portrait of Victoria. Featuring a solid strike, the obverse and reverse details are consistent with the assigned grade, and aside from a few stray ticks, the fields remain clear of distractions. The characteristic die-crack seen extending from the letter "I" in Victoria is also presented clearly and is one of the diagnostic marks typically seen on this issue. There is an interesting history surrounding the rarity of this date, with questions regarding the exact number of coins minted in 1889, the possibility of only one die-pairing being used, and how many of the reported 600,000 mintage were actually dated 1888. Helping to refine the data, between both NGC and PCGS population reports, there are currently only nine certified mint-state examples of this date, with only three pieces graded finer than this current offering. Of those three, we sold an MS66 in our 2010 New York sale, which hammered at $75,000. In reviewing other auction records, it is further confirmed that there is a wide spread between the value of those sold in grades of XF and those sold in true mint-state designations. And, the rarity of this type is also in its availability--since it is seldom offered in the marketplace at any level--which makes this a wonderful opportunity for the advanced collector of Canadian minors to acquire an extraordinary example of this significant date.
HID02901242017
Estimate: 15000-25000 USD