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Lot
2740

1900-S $10 MS65 NGC....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Remarkable Gem 1900-S Liberty Ten
1900-S $10 MS65 NGC. Later date Liberty eagles are generally assumed to be common, but although the 1901-S, 1902-S, and 1903-S are plentiful in Mint State, the 1900-S is not. Only 81,000 pieces were struck, and most survivors are XF or AU. The issue is a formidable rarity in MS64 and finer. The best known to us is from the Eliasberg Collection, a piece presumably cherrypicked for quality from Treasury holdings by a turn of the century coin dealer working for J.M. Clapp. Eliasberg acquired the Clapp Estate intact in 1942. We suspect that the Eliasberg example may represent more than one, and possibly all, of the four pieces certified as MS67 or MS68 by NGC or PCGS. If so, the present piece may be the second finest known. It is lustrous and well struck, but more importantly, the surfaces are unusually smooth, with a solitary faint graze noted on the cheek.(Registry values: N7079) (NGC ID# 267N, PCGS# 8746)

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