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Lot
3553

1876 $10 AU50 PCGS....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
Semiprooflike 1876 Eagle, AU
With Rich Orange Toning
Mintage 687 Coins
1876 $10 AU50 PCGS. While the mintage may not be as spectacularly low as its better-known 1875 predecessor (100 coins), the 1876 eagle has a scant production of just 687 business strikes and 45 proofs. Despite the extremely low mintage, contemporary collector demand was satisfied by the few proofs: The business strikes entered circulation. Only two examples have been certified in Mint State--an MS61 Prooflike at NGC, an MS60 at PCGS--and only a small percentage of the original mintage has survived in any condition. The present piece is boldly struck and displays rich orange toning, with surfaces that are considerably prooflike under a light layer of field chatter. There are no individually relevant marks. Population: 12 in 50, 9 finer (6/10).
Ex: Long Beach Signature (Heritage, 9/2005), lot 4792, which realized $12,880; Long Beach Signature (Heritage, 9/2006), lot 3766, which realized $13,800. (Registry values: N2998) (NGC ID# 265C, PCGS# 8674)

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