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Lot
7611

1871-S $10 AU55 NGC....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 5 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1871-S Liberty Ten, AU55
Conditionally Rare
1871-S $10 AU55 NGC. A mintage of 16,500 eagles at San Francisco in 1871 clearly shows a diminishing gold supply, along with a concentration on the larger double eagles in the early 1870s. Survivors are rarely seen today as a result of natural attrition through circulation. Those coins that do still exist are apt to be in lower grades, with an average certified grade of XF40. The population data illustrates the condition rarity at the Choice AU grade, with a combined NGC and PCGS population of just 19 coins and only seven finer pieces (6/11).
This splendid example has trivial surface marks especially visible in the reflective fields. The strike is above average with nearly full design definition. Here is an attractive example that will appeal to specialized collectors. Census: 13 in 55, 7 finer (5/11).(Registry values: N4719) (NGC ID# 264Y, PCGS# 8662)

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