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Impressive and Rare 1911 $10 Indian NGC PF66
This design is exceedingly popular and highly prized among collectors for its unique appearance and esthetic beauty. Very medallic by design, this eagle is most representative of what the designer, Augustus Saint-Gaudens, envisioned for a $10 coin. The obverse of the coin shows the head of Liberty crowned with an Indian war bonnet, while an eagle with folded wings appears on the reverse. Curiously, this 1911 proof date comes with two slightly different matte finishes. The grading services do not differentiate these finishes but we believe this example is what is referred to as the “fine sandblast finish,” and possesses a beautiful light golden color--totally devoid of any copper spots which plague the issue.
Mint records indicate that only 95 proof examples were minted in 1911. Despite the very limited production, most examples known today were carefully saved from time of issuance and therefore merit a high grade. The combined PCGS/NGC submission population in PR66 is 12 coins with 14 graded higher. These totals are most certainly skewed higher due to re-submissions and “crossovers” from one grading service to the other. This NGC specimen offered here (formerly having resided in a PCGS holder) is the only PR66 example sold at auction in the last five years, and realized $63,250 in September 2009. The current Collectors Universe Price Guide lists this issue at $80,000 in PF66.
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