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Lot
3895

1869 $10 AU58 NGC....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
Sold for: Not Sold
Auction Ended On: Sep 19, 2008
Item Activity: 3 Internet/mail/phone bidders
193 page views
Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 104A

Auction Room:
Room 103B

Description:
Rare Reconstruction-Era 1869 Eagle, AU58
1869 $10 AU58 NGC. Liberty Head eagle production was low from 1861 until the end of the 1870s. In 1869 Philadelphia minted just 1,830 business strikes. The rarity of this date is such that 1869-S tens with weak mintmarks have been offered as Philadelphia examples, though both issues are rare in all grades and virtually unknown in Mint State. Of the Philadelphia issue Garrett and Guth (2006) note that "Extremely Fine examples are very rare, and About Uncirculated examples are extremely rare."
This example displays uniform honey-gold color with a hint of cinnamon toning. As expected from the assigned grade, there are minor abrasions collected from the time in circulation, a short scratch above the date the most obvious. Even so this is an attractive coin, desirable both from the standpoint of rarity and as a representative from the historic but often troubled post-Civil War era of U.S. history. Census: 6 in 58, 1 finer (8/08).(Registry values: N4719) (NGC ID# 264R, PCGS# 8655)

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