Goldberg Coins and Collectibles

Sale 48

Lot 1279

1878 $10 Liberty. NGC graded Proof 65 Cameo. In NGC holder 1930947-017. A stunning gem proof example of this coveted date. The mirror fields are watery in appearance and the frosty devices appear to jump right off the coin! A marvelous untoned specimen and the finest graded at either service. Here is a candidate for finest known.

Only 20 proof tens were struck of the 1878 ten dollar, and a reasonable estimate is that around 7-10 pieces are available today as unimpaired Proofs. Very few have been certified by both of the major services combined, with this the finest specimen by far! This is a well-balanced piece that has gleaming fields, which accounts for the PR65 grade. The fields are very deeply mirrored, in fact, while the devices show gorgeous mint frost that gives the coin its two-toned, cameo designation that is so important in determining a Proof gold coin's ranking in the hierarchy of grade levels. Light, even, reddish-gold surfaces with no distracting contact marks or planchet flaws. We note a tiny spot by the right-hand "stop" which separates DOL. from AMERICA on the reverse. This can be an indicator (along with the NGC serial number) for tracing the coin's provenance in decades to come. We aren't even going to try to trace the pedigree of this incredible coin, as it has likely been off the market for years and years. Pop 1; none finer (PCGS # 88818) .
Estimated Value $55,000 - 65,000.

Realized $89,125

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