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Lot
7741

1842 $10

2000 Central States Sale #226

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Auction Ended On: May 5, 2000
Item Activity: 2 Internet/mail/phone bidders
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Description:
Rare 1842 Large Date Eagle, Unsurpassable MS 64 Preservation
1842 $10 Large Date MS 64 PCGS. Struck in the latter half of the year, the 1842 Large Date comprises about half of this issue's mintage of 81,507 pieces. Like its Small Date counterpart, this is a rare issue in all grades. Most survivors grade either VF or XF, although a few About Uncirculated specimens are known. In Mint State, the 1842 Large Date is all but unknown and this Condition Census specimen is one of the two finest certified pieces between both major grading services (2/00). The other example, also certified MS 64 by PCGS, was previously part of the Warren Miller Collection and appeared as lot 6239 in our October 1995 Long Beach Sale.
A gorgeous coin from the standpoint of originality, both sides show thick, frosty luster and rich copper overtones that deepen somewhat on the reverse. The bold impression is typical of the Philadelphia Mint and there are no bothersome abrasions. A diagonal abrasion in the obverse field between the bridge of Liberty's nose and stars 4 and 5 is, however, noted for pedigree purposes. High quality gold collectors would be wise to enter aggressive bids when this lovely near-Gem crosses the auction block. (NGC ID# 262K, PCGS# 8584)

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