German 1909 10 Mark Proof or Not?

[mycoingrade]

Hello,

Is this gold 10 Mark proof?
2) How much is the mintage of the 1909 proof 10 Mark gold coin?

[daca]

20 minutes ago, mycoingrade said:

Hello,

Is this gold 10 Mark proof?
2) How much is the mintage of the 1909 proof 10 Mark gold coin?

https://en.numista.com/catalogue/pieces21452.html

[mycoingrade]

Attached 2 coins that you can see the different  (proof and not proof)

[Murph]

Field certainly looks polished enough to be a proof from picture.  Did you buy it as a normal 10 mark coin?

If so you may well have been very lucky!

[augur]

Can you get a sharp picture of the edge lettering?

it looks proof like but there was a series of “restrikes” of rare Gold Mark and the edge lettering is usually the giveaway

[mycoingrade]

Attached the pictures

[augur]

Looks authentic and like a proof: the fields are polished, the design is frosted and bolder than the one on the circulation issue. If any it is a bit hazed up – you could have it conserved and graded but bear in mind that the cost for that is quite high (£60+).

However, if it is a proof, you should NEVER EVER attempt yourself to doctor the coin. So either leave it untouched or have it professionally treated if you think the increase in value is worth the investment. 

[mycoingrade]

Thank you

[mycoingrade]

😊The coin has return as proof 65 from NGC

[augur]

Wow 😮 congratulations and  thanks for the update 

[ilovesilverireallydo]

Well done! 

[Varus]

On 13/11/2019 at 12:29, mycoingrade said:

😊The coin has return as proof 65 from NGC

First I thought it was a Schmidt-Hausmann-Counterfeit. The proof-like finish is typical for these fakes.

[mycoingrade]

The question  is how many pieces have been struck as proof❓

[augur]

The question is rather how many have survived the allied bombing holocaust and countless floods over the last century in such a pristine state. Your coin is pretty lonely in the NGC census, isn’t it?

[mycoingrade]

Yes, you are right.

[KevinFlynn]

There were proofs?

You never cease to learn 🙂

[mycoingrade]

Attached the picture

[Toshunya86]

@mycoingrade may I ask - from my amateur perspective - the reason of the grading ? 

 

[mycoingrade]

We need to verify if the coin is proof or not because the proof version  is very rare and the coin has a high value.

For your information at HA Action the below coin was sold for 8225$

https://coins.ha.com/itm/hamburg/world-coins-german-states/german-states-hamburg-free-city-gold-proof-10-mark-1912-j-pr67-ultra-cameo-ngc-/a/3041-30028.s?ic4=ListView-ShortDescription-071515

[Toshunya86]

Thank you. I am just thinking what would I do in your situation and why .

You will sell the coin - otherwise grading is simply a waste of money ? Am I right ? 

[mycoingrade]

Maybe yes maybe no. It depends on the offer.

For sure I will not exchange the coin for fiat currency.