1905 $10 MS67 PCGS. CAC....

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Sold on Jan 8, 2009 for:

$48,875.00 Bid Source: Internet bidder

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Spectacular Superb Gem 1905 Eagle

1905 $10 MS67 PCGS. CAC. The Liberty eagles struck in the 20th century fall into one of two camps: either they are wildly plentiful in most grades, including most Mint State grades (Garrett and Guth, in their Encyclopedia of U.S. Gold Coins, suggest the 1901, 1901-S, and 1907 as such issues.) The rest are better dates; while there are no outstanding low-mintage rarities, each issue is nonetheless elusive in better grades, particularly Select Mint State and finer. With its mintage of just over 200,000 pieces, the 1905 eagle fits the description perfectly. It is not a distinctly low-mintage coin, but the numbers are not so great as to make it common.
The 1905 ten dollar piece also continues the theme of condition rarity. To quote from Garrett and Guth: "As is typical for coins of this period, low-end Uncirculated coins rule the day, whereas gem examples are rare. The most commonly seen Mint State grade is MS-62, followed by MS-61. Gem examples are very rare, but a few notable 1905 eagles are known to exist ..."
The present Superb Gem easily ranks as one of the "notables," with its smooth, virtually immaculate butter-yellow surfaces laced with peach and orange. The strike is bold, and the luster is powerful with a touch of satin. Registry collectors should note that PCGS has graded only three examples at this level, with none finer (11/08). An important opportunity that may not be replicated for years.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 2682, PCGS# 8757, GSID# 9426)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 200,992

View Certification Details from PCGS