1916-S $10 MS64 NGC....

Description

Challenging Near-Gem 1916-S Ten Dollar

1916-S $10 MS64 NGC. Many of the Uncirculated 1916-S tens available today were repatriated from two small accumulations in the early 1970s. David Akers (1980) discusses the hoards: "Most of the specimens in the two hoards were of very average (MS60) quality and so Choice and Gem quality Mint State examples are still rare." Not much has changed in the past 28 years, as near-Gem and better examples are still challenging to locate. As of (7/08), NGC has holdered 25 1916-S eagles as MS64, with 7 finer coins, each graded as MS65. The data in the PCGS Population Report is slightly more favorable, but the fact remains that this is a conditionally challenging issue.
This is a highly lustrous example that has rich reddish patina over each side with just a hint of lilac interspersed over the obverse. The devices are well defined, and there are no mentionable abrasions on either side. A lovely, high-end example of this scarcer ten dollar Indian.
(Registry values: N4719)

Coin Index Numbers: (NGC ID# 28H7, PCGS# 8880, GSID# 9773)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 138,500

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.

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