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Lot
2866

1842-O $10 AU58 NGC....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 6, 2009
Item Activity: 10 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Conditionally Noteworthy 1842-O Eagle, AU58
1842-O $10 AU58 NGC. Eagle production increased tenfold over the inaugural year of 1841. However, the issue met with a similar fate of the 1841-O tens, and few coins have survived in high grade. Between the two major grading services, as of (12/08), only four 1842-O eagles have been certified as Uncirculated, with a smattering of specimens at the near-Mint State level. Since the entire issue clearly entered the channels of commerce, most survivors are heavily abraded or impaired. Finding an example with above-average eye appeal is indisputably challenging. The piece offered here displays delicate lime-green and peach-gold coloration over the satiny surfaces. Well struck with light wear and a few scattered marks. A conditionally noteworthy example of this early New Orleans Mint issue. Census: 19 in 58, 3 finer (12/08).
From The Grand Lake Collection.(Registry values: N2998) (NGC ID# 262N, PCGS# 8587)

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