1876 $10 AU55 PCGS Secure....

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$28,200.00 Bid Source: Internet bidder

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1876 Eagle, Honey-Gold AU55
Underrated in High Grades
Fewer Than 50 Pieces Believed Known

1876 $10 AU55 PCGS Secure. Coinage of eagles at Philadelphia was exceptionally scant in the mid-1870s; the 1875 issue was struck to the extent of just 100 coins, the 1876 to 687, and the 1877 to 797. The 1875 is obviously the rarest of the three, and is widely recognized as a major series rarity. The 1876 and 1877 are also significant rarities, but are seemingly underrated, particularly when compared to the 1876-CC ten. The Carson City issue had a mintage of 4,696 coins and claims more than twice the overall survival rate of the 1876. Yet, the significantly rarer Philadelphia variant is currently quite similar in overall value, grade for grade.

Fewer than 50 examples of the 1876 eagle are believed to survive, with all but two coins in circulated grades. The only known Mint State pieces include a PCGS MS60, and an NGC MS61 Prooflike. This Choice AU representative is obviously among the finer-known examples and is a major rarity as such. Both sides show rich honey-gold patina with significant semiprooflike mirroring in the protected regions of the fields. A faint grease mark (as struck) lives over near the right obverse rim by stars 11 and 12. The design elements show light wear, but retain strong detail. An original, eye-appealing example of this underappreciated Philadelphia gold rarity. Population: 5 in 55, 3 finer (3/17).(Registry values: N2998)

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

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

View Certification Details from PCGS