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Description

Singular MS61 Prooflike 1876 Eagle

1876 $10 MS61 Prooflike NGC. While the 100-business-strike-strong 1875 issue is more famous, the 1876 eagle is immensely challenging, with just 687 circulation examples coined. With several dates that bear mintages of fewer than a thousand pieces and a history that crosses eight decades, the Liberty eagle series intimidates many would-be collectors, though the serious numismatist with the means to pursue the finest examples of the various issues can build a beautiful and important cabinet.
Between the low mintage and a mediocre survival rate, the 1876 eagle has a small combined certified population, and most references published prior to 2007, including the first edition of Garrett and Guth, describe the issue as unknown in Mint State. "Unknown," however, does not necessarily mean "nonexistent," as the present example proves. When it was encapsulated, it rendered years of expert opinion irrelevant.
A number of authorities have noted that reflective surfaces are typical for the issue, but NGC has graded only this coin as Prooflike, perhaps out of reluctance to assign that designation to pieces with distinctly impaired luster (6/08). Its lemon-gold fields are delightful mirrors, and the mildly contrasted devices offer impressive boldness, particularly on the hair behind the coronet and the eagle's feathers. Though this piece comes by its MS61 Prooflike designation honestly, with numerous wispy abrasions and a handful of more significant marks on each side, Liberty's cheek is surprisingly clean. The dedicated and discerning enthusiast should recognize the rarity of this important opportunity, and bid accordingly.(Registry values: N10218)

Coin Index Numbers: (NGC ID# 265C, PCGS# 8674, Greysheet# 9397)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper


View Certification Details from NGC

Auction Info

Auction Dates
Jul-Aug, 2008
30th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 534

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Jul 31, 2008 for: Not Sold
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