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Lot
2932

1880-O $10 MS61 NGC....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 6, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Conditionally Rare 1880-O Ten, MS61
1880-O $10 MS61 NGC. A condition rarity. Heritage has had the privilege of offering two Mint State 1880-O tens since we began maintaining our online auction archives in the early 1990s. One of the coins was the finest known--the NGC MS64 documented in Doug Winter's reference, although the coin was encapsulated by PCGS when it crossed the auction block a decade ago. As of (12/08) the combined NGC and PCGS population data of Uncirculated 1880-O eagles is 14, which is indubitably high as a result of resubmissions. To further illustrate the condition rarity of the issue, 12 of the 14 pieces reside in the MS60 to MS61 range. Winter (2006) estimated the number of solid Mint State survivors at four to five coins, although the total may be slightly higher today, yet still less than 10 pieces.
Reflective fields yield modest variance with the motifs, especially on the reverse. Light yellow surfaces exhibit a few tiny copper stains on each side. A solid strike, typical for the 1880-O eagle, imparts sharp definition to the design features, the only exception being softness in a couple of the star centers. A scattering of small contact marks, a few more significant than most, limits the grade. Census: 5 in 61, 2 finer (12/08).
From The Grand Lake Collection.(Registry values: N4719) (NGC ID# 265U, PCGS# 8689)

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