1920-S $10 MS64+ PCGS. CAC....

Description

1920-S Indian Ten, MS64+
Rare 20th Century Gold Issue
Most Elusive Indian Eagle in Mint State
CAC-Endorsed Quality

1920-S $10 MS64+ PCGS. CAC. Ex: Halfdome Collection. No important offering of Indian Eagles would be complete without a representative of the 1920-S. Along with the 1907 Rolled Rim and 1933, this issue is one of the most widely recognized rarities in this series. To the untrained numismatist, the '20-S may not seem like a noteworthy date. After all, 126,500 coins were produced, a higher total than that of the 1908 No Motto, 1911-D, 1911-S, and 1913-S productions, to name just a few other dates in this series. However, very few of these coins were actually released from the San Francisco Mint, and most were melted after the passage of the Gold Recall Act in 1933. Those coins that did survive are typically in lower Mint State grades, although some XF and AU representatives are known and a number of impaired specimens have surfaced over the years. David Akers believed the 1920-S was the rarest Indian eagle in Mint State.

The present coin is a remarkably preserved Plus-graded Choice representative whose surfaces are drenched in frosty luster and rich honey-golden color. The strike is typical of the issue, with softness of detail noted in the center of the obverse over the TY in LIBERTY and on the reverse over the eagle's trailing leg feathers. A few scattered minor contact marks are noted overall: a vertical group of five milling marks below and through star 1 near the left obverse border, and two parallel cuts on the eagle's upper left wing tip near its neck. Overall eye appeal is outstanding and the high quality within the grade is confirmed by CAC. This lot represents a remarkable opportunity for the series specialist. This coin is pictured on PCGS CoinFacts. Population: 8 in 64 (3 in 64+), 4 finer. CAC: 2 in 64, 1 finer (5/24).

Roster of Significant Examples
This Roster of Significant examples was provided by Ron Guth and the Numismatic Detective Agency.
1. MS67+ PCGS. Jerry Cohen of Abner Kreisberg Corporation, sold privately in 4/1968 for $3,500; Dennis Forgue, sold privately; Dr. William JBlackballll Collection (Stack's, 6/1979), lot 571, $85,000; Dr. & Mrs. Steven L. Duckor Collection (Heritage, 3/2007), lot 2134, $1,725,000; Bob R. Simpson Collection (PCGS Set Registry).
2. MS66 PCGS CAC. Alan Burgheimer Collection (Stack's, 11/2001), lot 720, $86,250; William Thomas Michaels Collection (Stack's, 1/2004), lot 3028, $241,500; John Kutasi Collection (Heritage, 1/2007), lot 3187, $402,500; Jim O'Neal Collection (Heritage, 1/2009), lot 3527, $431,250; Bay State Collection, Part II (Heritage, 7/2009), lot 1311, $345,000; US Coins Signature Sale (Heritage, 8/2012), lot 5405, $329,000.
3. MS66 Uncertified (grade per Jeff Garrett). National Numismatic Collection at the Smithsonian Institution.
4. MS65 PCGS. Harry Einstein Collection (Bowers and Merena, 6/1986), lot 509, $29,700; Dr. Jack Adams Collection (Superior, 6/1992), lot 8881, $79,750; David Akers Collection  (RARCOA and David W. Akers, 7/1996), lot 464, $143,000; Pre-Long Beach (Goldberg Auctions, 6/2004), lot 2618, $186,875; Tyrant Collection (Coin 315, displayed at the 2/2020 Long Beach Expo).
5. Gem Uncirculated Uncertified. George Seymour Godard Collection / Auction '82 (Stack's, 8/1982), lot 404, $27,000; Dr. Thaine B. Price Collection (David W. Akers, 5/1998), lot 67, $82,500.
6. MS65 NGC. Dr. Jack Adams Collection (Superior, 6/1992), lot 2919, $79,750.
7. MS65 Uncertified. Auction '80 (Superior "Auction '80", 8/1980), lot 457, $50,000.
8. MS64+ PCGS. CAC. Dallas Signature (Heritage, 11/2005), lot 2452, $201,250; Bentley Shores Collection (Stack's Bowers, 8/2013), lot 4565, $199,750; Halfdome Collection (PCGS Set Registry). The present coin.
9. MS64+ PCGS. Fidelis Collection (Heritage, 2/2014), lot 4244, $199,750
10. MS64+ PCGS. Prior provenance unknown.(Registry values: N10218)
From The Naples Collection.

Coin Index Numbers: (NGC ID# 28H8, PCGS# 8881, Greysheet# 9774)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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