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Memorable MS65 1933 Ten Dollar

1933 $10 MS65 PCGS. The 1933 eagle had a sizeable mintage of 312,500 pieces. All were struck in January and February 1933, and most pieces were subsequently melted after the Presidential order. Some of those coins--perhaps numbering three or four dozen pieces--were legally released through regular channels at that time. About 30 survivors were uncovered in an East Coast hoard in 1952, and a few others have since turned up in French and Swiss banks. The 1933 eagle, however, is still among the rarest Indian tens in all grades. The new and indispensable Garrett-Guth gold Encyclopedia opines that "Owning an example of this date is certainly one of the highlights of any numismatic collection, and a feat precious few collectors can ever hope to accomplish." A total of only 34 Mint State coins have been graded at NGC and PCGS combined. The present MS65 coin is tied with seven other MS65 pieces at PCGS, with no examples finer. At NGC, there are only three Gems certified, and one piece finer (11/06). In terms of technical merit, it holds its own with the Kruthoffer specimen, offered by Heritage at the June 2000 Long Beach Signature Sale, and compares favorably with it in terms of eye appeal. That piece, which sold for $718,750 in the October 2004 Stack's sale, has since been graded MS66 by NGC, which raises the possibility that the present piece is itself conservatively graded.
While Akers states that some 1933 tens have a satiny finish, the three examples in this sale all have decidedly frosted mint luster. This piece has even reddish-gold coloration, and the surfaces are remarkably clean even for a Gem. The striking details are also strong throughout. While there are many notable, rare, and high grade coins in the Kutasi Collection, this 1933 ten dollar will certainly be one of the, if not the, most memorable coin in this spectacular group.
From The Kutasi Collection.(Registry values: N14284) (NGC ID# 28HC, PCGS# 8885)

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Auction Dates
January, 2007
Internet/Mail/Phone Bidders: 10
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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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