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1843-O $10 MS63 NGC. Variety 4....
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Sold on Jul 14, 2022 for:
$63,000.00
Bid Source: Internet bidder
Description
1843-O Liberty Eagle, MS63
Rarely Seen in Mint State
Only One Finer Certified
1843-O $10 MS63 NGC. Variety 4. Eagle production at the New
Orleans Mint continued to grow exponentially in 1843, a result of
increased deposits from domestic mines. A total of 175,162 ten
dollar gold coins were struck that year, an increase of 540% over
the 1842 mintage. Unfortunately, collecting large denomination gold
coins was too expensive for most 19th century collectors, so few
high-quality examples were saved for numismatic purposes. Today,
the 1843-O is moderately accessible in general but extremely rare
in mint condition. Doug Winter estimates only seven to nine
examples survive in MS60 or higher, and there is only one finer
example known -- the Ronald W. Brown Acadiana Collection coin in
MS64 NGC.An early public offering of the 1843-O Liberty eagle was lot 469 of the Charles W. Cowell Collection (B. Max Mehl, 11/1911), where the cataloger simply noted, "1843 (O) Very fine." The lot realized $10.75, an average price at the time. Of course, prices are exponentially higher today. Recent sales include the MS63 PCGS example in lot 3448 of the World's Fair Of Money ANA Signature (Heritage, 8/2021), that realized $96,000.
This remarkable Select example is the number two coin on Doug Winter's list of Significant Pieces Known. A few isolated coppery alloy spots appear over the light straw-gold surfaces. Strike characteristics are exceptional, as the 1843-O is typically regarded as a poorly produced issue, but the motifs are essentially fully brought-up on this piece. Mint luster is vibrant throughout. There are minor marks peppered over each side, but the only singular abrasion on this spectacular Condition Census offering occurs above the eagle's head. A hint of reflectivity in the fields is undeniable. This coin will be a welcome addition to the finest collection or Registry Set. Census: 1 in 63, 1 finer (6/22).
Ex: Admiral Collection; Long Beach Signature (Heritage, 2/2018), lot 4229.(Registry values: N1)
Coin Index Numbers: (NGC ID# 262R, PCGS# 8589, Greysheet# 9431)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
Auction Info
2022 July 14 - 17 Long Beach Expo/Summer FUN US Coins Signature® Auction #1347 (go to Auction Home page)
Auction Dates
July, 2022
14th-17th
Thursday-Sunday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 252
Buyer's Premium per Lot:
20% of the successful bid per lot.
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