Eugene H. Gardner Collection - Heritage 6/2014:30297, $27,025
Ron Guth: The 1874 Dime is one of only two Proof Dates of the later, With Arrows type. Thus, the demand from type collectors is higher than it would be if there were, say, ten different dates to choose from. The official mintage is listed as 700 proofs, which seems to be consistent with the number of known specimens. PCGS has certified just over 200 examples (as of May 2011), with most examples appearing in the MS-63 and MS-64 grade levels. This, plus the scarcity of Gems, indicates that collectors did not care for these coins as carefully as they should have. The finest example certified by PCGS is a single PR67. According to the PCGS Population Report, Cameo Proofs are roughly 12-13 times rarer than non-Cameos, but this is misleading because PCGS did not recognize Cameos until several years after it commenced operations.
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