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1908 $10 Roman Finish PR65 PCGS. CAC a beauty of the beauties.

silviosisilviosi Posts: 458 ✭✭✭

This coin was on Heritage on 4-th of May and sold for 780 K, I was till 250 K. I want to share with you. Congrat. to the winner.



NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN

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    MilesWaitsMilesWaits Posts: 5,317 ✭✭✭✭✭
    edited May 23, 2023 5:00PM

    Now riding the swell in PM's and surf.
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    SmudgeSmudge Posts: 9,347 ✭✭✭✭✭

    Congrats to the seller.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Wow... Nice gold coin - but that price will require a long, long hold IMO... Cheers, RickO

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    Manifest_DestinyManifest_Destiny Posts: 4,786 ✭✭✭✭✭

    Looks great!

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    LazybonesLazybones Posts: 1,434 ✭✭✭✭✭

    USAF (Ret) 1974 - 1994 - The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Remembering RickO, a brother in arms.

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    MFeldMFeld Posts: 12,488 ✭✭✭✭✭

    @ricko said:
    Wow... Nice gold coin - but that price will require a long, long hold IMO... Cheers, RickO

    You might be right about a "long hold" but you might just as easily be wrong. Just out of curiosity, upon what did you base your opinion?
    There are only two examples known for the 1908 Roman Proof $10's and they're fascinating coins. Here's the lot description:

    Link: https://coins.ha.com/itm/proof-indian-eagles/1908-10-roman-finish-pr65-pcgs-cac/a/1359-4583.s

    1908 Ten Dollar Indian, PR65
    Satin (Roman) Finish
    Only Two Pieces Are Known
    1908 $10 Roman Finish PR65 PCGS. CAC. Ex: Harry W. Bass, Jr. Collection. The two known Roman Finish proof tens are such a mystery that little can be factually stated about these pieces other than what the coins themselves tell us. Research is almost non-existent; however, what is known about two similar double eagles provides some of the background for the tens. What we do know is the Mint was experimenting and altering finishes on proof gold coins during the early years of production of Saint-Gaudens' new designs. Garrett-Guth state, " ... these satin finish coins were no doubt trial issues that have found their way into collectors' hands." Well, maybe. Leaning on the research done by Roger Burdette on the double eagles known of the same date and with the same finish, they might also have been "defective proofs produced while the medal department was striking the ... proof double eagles for 1908." By "defective proofs" he means non-sandblasted planchets. This is how all Satin Finish or the so-called Roman Finish proofs were produced. After the Mint heard from collectors about their disappointment with the 1908 sandblast proof finish, an attempt was made to appease them by striking proofs in 1909 and 1910 by not sandblasting each side. Which brings us back to our original question: Were the two known Satin Finish proof tens 1908 trial issues, or were they simply leftover proofs that were not sandblasted? John Dannreuther seems to support this position without coming to a definitive conclusion about whether these non-sandblast coins were intentional.

    "The author and others believe that the satin surface seen on these coins was the pre-sandblast finish for all Matte Proof gold coins. This is impossible to prove, but in recent years, other dates have surfaced with what appears to be this finish. Some have speculated that a few coins were released without the sandblast finish for other dates besides 1908."

    The surfaces are unusual, as one would expect for a 1908. Brightness is seen throughout with none of the pebbly finish that sandblasting would impart. There are essentially no surface marks one could use for pedigree identifiers; perhaps the only one is a tiny spot of red in the right reverse field above the eagle's tailfeathers. Fully struck, of course.

    Roster of 1908 Satin Finish Tens
    1. PR65 PCGS. CAC. Congressman Jimmy Hayes, 10/7/1972; Harry Bass, Jr.; Harry Bass Core Collection (#1034).
    2. PR64 NGC. The Boston Museum of Fine Arts; ANA Sale (Stack's, 8/1976), lot 3151, where it brought $7,500; Ed Trompeter estate; private transaction sale to Heritage in 1998.
    From The Harry W. Bass, Jr. Core Collection, Part III. (Registry values: P5)

    Coin Index Numbers: (PCGS# 98890)

    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.

    View all of [The Harry W. Bass, Jr. Core Collection, Part III. ]

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    fathomfathom Posts: 1,540 ✭✭✭✭✭

    I would rather have a matte finish.

    Less rare but more distinctive....and less expensive.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    @MFeld ... Mark, that opinion was based solely on that auction. Generally speaking (from what I have seen), such coins are not immediately placed for sale after such a win - the price indicates the top of monetary interest. Now, the definition of 'long time' could well be a topic of discussion. My feeling at the time I wrote that, was several (five or so) years. Thanks for the summary of background information. Cheers, RickO

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    silviosisilviosi Posts: 458 ✭✭✭

    IMHO this coin will not be again on the market soon. As per this moment, and my own information's, the buyer it is a top rarities buyer. So I think I saw the coin this year and I will pass away before see again.

    NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN

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    keyman64keyman64 Posts: 15,487 ✭✭✭✭✭

    I lot viewed a Roman Finish coin at Central States and it was certainly one of the most beautiful things I have held. Too bad it is far from my pay grade.

    The Best High Grade Mercury Dime Toners For Sale! + 2 Varieties - Ends July 7th! :smile:
    https://greatcollections.com/Collections/1120/The-Keyman64-Mercury-Dime-Collection/2024-07-07
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    johnny9434johnny9434 Posts: 27,744 ✭✭✭✭✭

    Beautiful coin 🪙

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    DeplorableDanDeplorableDan Posts: 2,963 ✭✭✭✭✭

    oh wow, that is a real coin. congrats to the new owner!

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