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Lot
8344

1859-S $10 AU50 NGC. Curiously, after a ten-year hiatus, ...

2003 February Long Beach Signature Sale #314

 
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Auction Ended On: Feb 28, 2003
Item Activity: 3 Internet/mail/phone bidders
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Description:
Very Rare AU50 1859-S Ten Dollar
1859-S $10 AU50 NGC. Curiously, after a ten-year hiatus, we now have offered an Almost Uncirculated 1859-S in two successive sales: FUN and Long Beach. As we pointed out in the FUN catalog, only 7,000 pieces were struck of this issue, and while no exact numbers are known about the number of survivors today, both of the major services have only seen 54 coins (and how many of those were resubmissions?). The finest coins certified are AU55 (three pieces). Well, but not fully struck, the surfaces display a significant accent of reddish patina around the devices of the otherwise golden-orange tinted planchet. The coin is remarkably clean on each side, the only exception being a small group of three strike-throughs by star 9. A rare opportunity for the 19th century gold specialist. (NGC ID# 2643, PCGS# 8630)

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