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Description

Undervalued 1912-S Eagle, MS64+
Strongly Stuck With Frosty Luster

1912-S $10 MS64+ PCGS. CAC. The 1912-S Indian eagle is not only an issue that is typically challenged in terms of surface preservation, luster, and strike, it is also one that is undervalued at current market levels. The extensive analysis that we did in our recent (January 2011) auction of the Jim O'Neal Collection of Indian half eagles showed that among the Indian tens, the 1912-S is among the top five most undervalued issues in high Mint State grades. The most undervalued were: 1. 1908-D Motto; 2. 1910-S; 3. 1912-S; 4. 1909; and 5. 1909-D.
The luster on the present MS64+ PCGS 1912-S is decidedly the most frosty of the five coins offered, with strong mattelike granularity evident throughout both sides. The surfaces are sharply defined overall, much more so than the typical piece. Among the minor ticks are one on the extreme chin, one hidden in the headdress feathers, and a near-vertical abrasion to the right of the M in UNUM. Population: 10 in 64+, 9 finer (9/11).(Registry values: N4719) (NGC ID# 269G, PCGS# 8872)

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Auction Info

Auction Dates
November, 2011
8th-10th
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 540

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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