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Lot
4129

1930-S $10 MS64 PCGS....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 8, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Key Date 1930-S Eagle, MS64
1930-S $10 MS64 PCGS. A particularly large mintage of more than one million ten dollar gold coins was accomplished at the Philadelphia Mint in 1926. This huge total satisfied all demand for this denomination during the next four years, and no coins were struck at any of the U.S. Mints until 1930. In that year, the San Francisco Mint produced the ten dollar gold denomination, probably to address some regional need. No eagles were struck at the other U.S. Mints in 1930 or 1931.
The 1930-S is a low mintage issue, with only 96,000 pieces coined. The great majority of this mintage was never released into circulation. The coins remained on hand in the Treasury vaults until the great Gold Recall, at which time they were melted and stored as bullion in Fort Knox. David Akers reports all examples seen are in Mint State grades, probably purchased from the Mint at the time of issue. In A Handbook of 20th Century Gold Coins 1907-1933, David Akers and Jeff Ambio rank this issue fourth in terms of overall rarity in the 32 coin series.
The present coin is an exciting example of this rare issue. The obverse is sharply struck, and the reverse shows only the slightest softness on the eagle's trailing leg, which is always seen on this issue. The coin has excellent luster, with vibrant yellow-gold color. The surfaces are free from the copper spots that often plague this date, and there are no distracting handling marks. The coin possesses excellent overall eye appeal, and is worthy of a place in any advanced collection. Population: 40 in 64, 19 finer (12/08).
See: Video Lot Description(Registry values: N4719) (NGC ID# 28HA, PCGS# 8883)

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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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