1930-S Eagle, MS64
1930-S $10 MS64 NGC. Ex: Richmond Collection. After striking
the 1920-S Indian Head eagles, a hiatus of 10 years would ensue
before the San Francisco Mint struck its next series issue, the
1930-S, to the extent of 96,000 coins. The 1930-S would constitute
the last mintmarked issue and it, along with the 1932 and 1933
dates, would conclude the series. The three issues are studies in
contrast; the 1932 is far and away the most common in the entire
series, while the 1933 is a great rarity, since nearly the entire
mintage was melted at the Philadelphia Mint after the Gold Recall
Softly Lustrous Example of This In-Demand Issue
The 1930-S is not quite as rare as the 1920-S and certainly seen more often than the 1933, which is the rarest single issue in the series; but the 1930-S is likely fourth in overall rarity behind the 1920-S, the 1933, and the 1907 Rolled Rim.
The 1930-S appears not to have circulated to any great extent; like the 1933, most of the mintage appears to have been melted after the Gold Recall. Those few examples of the 1930-S that survive today are likely coins that were obtained beforehand directly from the Mint, rather than being plucked from circulation. The few lower-grade survivors, rather than showing wear, are largely pieces that were abused or damaged in some way.
This near-Gem example certified by NGC is among 27 submissions in this grade -- certainly not all separate coins, when the incentive to "crack out" a coin and try for the Gem grade is so monetarily great. NGC shows 14 grading events in MS65, along with one each in MS66, MS67, and MS67+ (11/13).
The surfaces on this piece are softly lustrous, orange-gold with glints of lilac in the fields and lemon-yellow around the device outlines. No marks of any significance mar the appeal on either side, although a few tiny signs of contact on Liberty's cheek account for the grade. The strike is sharp overall but a touch softness is noted on the hair curls just below LIBERTY. A tiny copper-colored spot just above the olive stem tip, on the reverse, is mentioned for pedigree purposes. An incredibly appealing example of this in-demand rarity.
Ex: Richmond Collection I (David Lawrence, 7/2004), lot 2225, where it brought $33,350.
From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: N4719) (NGC ID# 28HA, PCGS# 8883)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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