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Lot
606

1864-S $10

Long Beach Bullet #100

 
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Auction Ended On: Feb 4, 1993
Item Activity: 1 Internet/mail bidders
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Location: Long Beach, CA
Description:
PCGS 1864-S XF 40. An extremely rare Coronet ten that is even rarer than its mintage of 2,500 pieces would suggest. Breen estimates that only 10-12 coins are known, and using current population data (1/93) as a guide, this piece is tied with one other XF 40 for second finest known with a pair of XF 45s being finest known. In Akers survey done some years ago, the 1864-S was tied for first place in the entire series in rarity according to average grade and was second in rarity according to frequency of appearance. The surfaces of this piece show numerous small abrasions on each side and the devices are outlined with a light reddish patina. Well struck on the figure of Liberty with some localized weakness seen elsewhere. Of the greatest rarity and importance to the gold specialist. Trends $12,000 (1/4). (NGC ID# 264E, PCGS# 8640)

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