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Lot
2463

1878 $10 MS64 NGC. After the rarities of the 1860s and mid-1870s, mintages of Liberty Head eagles jumped exponentially in t...

2007 May/June Long Beach, CA Signature US Coin Auction #438

 
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Auction Ended On: Jun 1, 2007
Item Activity: 7 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Scarce and Beautiful MS64 1878 Eagle
1878 $10 MS64 NGC. After the rarities of the 1860s and mid-1870s, mintages of Liberty Head eagles jumped exponentially in the years through 1882. While the 1878 mintage was a modest 73,780 coins--highest since 1861--by 1881 the production total jumped to more than 3.8 million pieces. The 1878 is nonetheless somewhat scarce, although Mint State examples can be located with patience. This is a beautiful near-Gem piece with deep orange-gold surfaces, exuberant luster, and considerable prooflikeness on the reverse. The bold strike completes the attractive package. NGC has certified 17 pieces in MS64 with none finer, while PCGS has graded 12 such coins, with a single piece finer (4/07).(Registry values: N4719) (NGC ID# 265J, PCGS# 8680)

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