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Lot
2913

1859-S $10 XF45 NGC....

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

 
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Auction Ended On: Feb 6, 2009
Item Activity: 5 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Low Mintage 1859-S Ten, XF45
1859-S $10 XF45 NGC. The 1859-S Liberty Head, No Motto ten dollar gold piece is an elusive coin in all grades. In the Encyclopedia of U.S. Gold Coins 1795-1933, Jeff Garrett and Ron Guth call this issue "an underappreciated rarity." With its minuscule mintage of just 7,000 pieces, it is easy to see why this date is so uncommon today. This issue is unknown in Mint State, and no examples were recovered from the wreck of the S.S. Republic. This piece shows even wear over the high points and even softness as well on the devices. Light yellow-gold color covers each side and there are no obvious or mentionable abrasions. NGC has recorded a total of 42 submission events, with 17 example in XF45, and 13 finer (12/08).
From The Grand Lake Collection.(Registry values: N2998) (NGC ID# 2643, PCGS# 8630)

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