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Lot
6349

1869 $10

1995 October Long Beach Signature Sale #144

 
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‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to the full Buyer's Premium.
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Auction Ended On: Oct 6, 1995
Item Activity: 2 Internet/mail/phone bidders
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Description:
Prooflike AU 55 1869 Ten-Dollar--A Lower Condition Census Coin
1869 AU 55 PCGS. An extremely rare date with a mintage of only 1,830 pieces, the 1869 is one of the premier rarities in the With Motto series and indeed among all Coronet tens. In fact, its rarity is such that in the past 1869-S tens with a weak mintmark have been offered as Philadelphia coins and proofs have been offered as the rarer business strikes. Rather surprisingly, at the AU 55 level this piece is tied for only the fourth finest known. It is exceeded in grade by two AU 55s, a PCGS MS 62 (see next lot), and an unbelievable NGC MS 63 as the finest known. As with all 1869 tens the fields are deeply prooflike, yet this is definitely not a proof as star 11 shows diagnostic repunching on several points (not seen on the proofs). Sharply, but not quite completely, struck up, but a well defined and well balanced coin. Peppered with numerous small abrasions, the most obvious ones are seen on the reverse above and below the arrowheads. (NGC ID# 264R, PCGS# 8655)

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