Video: 1904-O $10 Gold Eagle - Brophy Specimen. PCGS SP-68, Ron Guth

PCGS - This 1904-O ten dollar gold piece is what we call a specimen or a presentation piece. It has an unusual look that is completely different than any other 1904-O ten. The surfaces are pristine, which means as soon it was made, it was pulled off the press and carefully preserved until today. Specimens are very rare. They're usually made for a specific purpose. In this case, we know what that purpose is because a little note, a hand-written note that was written by Mr. Brophy who was the Coiner at the time. And he put the coin in a little envelope that says "this was the first coin - first gold coin struck in New Orleans in 1904." How often do we have the opportunity to look at a coin that can be traced back to pretty much the moment it was made? The estimated value of the 1904-O Specimen ten dollar gold piece is certainly in the millions of dollars. It's rare enough, it's got a great history, a great story."