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Lot
2472

1858 $10 AU53 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
Sold for: Not Sold Not Sold
Auction Ended On: Apr 17, 2008
Item Activity: 4 Internet/mail/phone bidders Number of Bidders
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Description:
Rare, Lustrous 1858 Eagle, AU53
1858 $10 AU53 NGC. Among the three mints producing eagles in 1858--Philadelphia, New Orleans, and San Francisco--the total emission of the denomination for the year was only a paltry 34,321 circulation strikes, but of the three, the P-mint production of 2,521 pieces was the smallest by far. Today the coin is extremely rare in AU condition, and most examples are heavily abraded, extensively circulated, or cleaned.
The present AU53 coin is one of two so graded by NGC, with 10 pieces finer (3/08). Bright luster percolates through the yellow-gold, attractive surfaces on both sides, and although numerous light abrasions plus some reeding marks in the left obverse field account for the grade, there is plenty of eye appeal to go around on this lovely and rare piece.(Registry values: N4719) (NGC ID# 263W, PCGS# 8625)

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