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Lot
6708

1866-S $10 MOTTO

1996 Mid-Winter ANA Signature Sale #153

 
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Auction Ended On: Mar 15, 1996
Item Activity: 2 Internet/mail/phone bidders
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Location: Tucson, AZ
Description:
1866-S Motto XF 45 NGC. An exceptionally rare and valuable eagle. In Akers' auction survey he conducted several years ago this issue was tied with several others for seventh place in rarity according to average grade, and it ranked in the top 25% of the series in overall rarity. While two AU examples were recorded in his survey, it was suspected that these coins would not hold up to today's grading standards as they were sold in 1968 and 1978. And indeed, as recently as three years ago, no AU examples had been certified. Today, one AU 50 and one AU 53 piece have been graded by PCGS. Tied for the third finest certified with five others (1/96). This is a somewhat subdued coin that shows portions of remaining luster around the devices. The striking details are a bit weak with the peripheral stars showing the least definition. For pedigree purposes, there are two moderate sized abrasions close to the mintmark. (NGC ID# 264K, PCGS# 8650)

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