1930-S $10 MS65 PCGS. CAC....

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Sold on Sep 4, 2014 for:

$85,187.50 Bid Source: Live: Phone bidder

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1930-S Indian Ten Dollar, MS65
Sought-After San Francisco Issue
Outstanding Visual Appeal

1930-S $10 MS65 PCGS. CAC. Following a 10-year hiatus, Indian gold eagle production at the San Francisco Mint resumed in 1930, but output was anything but substantial. Production totaled just 96,000 pieces, and for the most part, these were unneeded in daily commerce, and nearly the entire mintage was stored in bank and Treasury vaults where it remained when the gold confiscation order was enacted. Still, more examples of this issue escaped melting than of its double eagle counterpart. Garrett and Guth write in their Encyclopedia of U.S. Gold Coins:

"Not many examples circulated, but enough were saved prior to the gold call-in of 1933 to satisfy collector demand. In overall terms of rarity, this date ranks a little behind the 1920-S, with just a few hundred known in all, and those are scattered over the grading spectrum."

The scarcity of the 1930-S ten dollar increases substantially the further one travels up the grade scale, and in Gem condition, the date becomes a genuine rarity. In Indian Gold Coins of the 20th Century, Fuljenz writes:

"Many 1930-S Eagles were roughly handled and as a result, the surfaces are often heavily abraded. It appears that a few small hoards have been found on which the surfaces are much cleaner and these pieces were probably not thrown loosely into bags as with other surviving examples."

The piece here-offered is most certainly a survivor from one of these better-preserved groups, as the surfaces, aside from a few grade-consistent ticks on the cheek, are incredibly clean. The luster is vibrant and thickly frosted, showcasing beautiful green, rose, and apricot-gold hues over each side. The devices are boldly impressed, and when held in-hand, the overall visual appeal is seemingly unrivaled. The Indian gold specialist will find much to love about this truly exceptional coin, from the final S-mint issue of the series. Population: 15 in 65 (1 in 65+), 6 finer (7/14).
From The Pannonia Collection.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 28HA, PCGS# 8883, Greysheet# 9775)

Weight: 16.72 grams

Metal: Gold

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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