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1848-O $10 MS62 PCGS. CAC. Variety 1....
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Sold on Feb 20, 2020 for:
$40,800.00
Bid Source: Live: Floor bidder
Description
1848-O Eagle, MS62 With CAC Approval
Condition Census
Old Green Label Holder
1848-O $10 MS62 PCGS. CAC. Variety 1. The 1848-O has the
most unusual rarity profile of any New Orleans No Motto eagle. It
is as scarce as its low mintage of 35,850 pieces would suggest, but
it is actually a touch more available than one would presume in
mint condition with as many as eight to 10 examples known. The best
of these is the famous James Stack coin, which is the single finest
No Motto eagle from the New Orleans mint; it grades MS66 PCGS and
brought $154,000 in Stack's sale of his collection in October 1994,
lot 1298. There are also two or three PCGS MS64s, a single NGC
MS64, one PCGS-certified MS63 and two pieces that have been graded
MS62 by PCGS.We are not aware of the earlier provenance of this specific coin but it is listed in the Condition Census in Doug Winter's recent book on New Orleans gold coins. It certainly has all the "bells and whistles" that a collector could hope for as it is housed in an old green label holder and it is the only MS62 1848-O eagle from either grading service approved by CAC.
This well-detailed MS62 specimen shows just a touch of the usual softness on the star centers, but the lustrous orange-gold surfaces are lightly marked and appealing. This is one of our favorite coins in the Jacobson Collection and it should no doubt receive considerable attention from New Orleans ten dollar specialists.
From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N4719)
Coin Index Numbers: (NGC ID# 2634, PCGS# 8600, Greysheet# 9438)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
View all of [The Harvey B. Jacobson, Jr. Collection of Liberty Eagles ]
Auction Info
2020 February 20 - 23 Long Beach Expo US Coins Signature Auction - Long Beach #1312 (go to Auction Home page)
Auction Dates
February, 2020
20th-23rd
Thursday-Sunday
Bids + Registered Phone Bidders: 37
Lot Tracking Activity: N/A
Page Views: 716
Buyer's Premium per Lot:
20% of the successful bid per lot.
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