LOT #3769 |
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1860-S $10 AU50 NGC....
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Sold on Sep 18, 2020 for:
$16,200.00
Bid Source: Internet bidder
Description
1860-S Ten Dollar, AU50
35 to 40 Survivors
1860-S $10 AU50 NGC. The San Francisco Mint was still in its
infancy in 1860, having only been operational for six years. During
that time double eagle output took precedence over all else. The
S-mint's mandate was to convert as much California gold into easily
storable and exchangeable coinage as quickly and efficiently as
possible. The production of smaller denominations, even ten dollar
gold coins, was sacrificed in that pursuit. Only 5,000 of these
Liberty Head eagles were manufactured in 1860 -- a decrease of
2,000 pieces from the year before. They circulated heavily, leaving
a survival rate of less than 1% or 35 to 40 coins.This AU50 representative exhibits relatively strong detail on the portrait and eagle with expected high-point softness on the stars and leaves. Hints of luster remain within the legends, though the yellow-gold surfaces show hairlines and other marks over the exposed areas. A major rarity in any grade, but especially in high-end problem-free condition. Census: 1 in 50, 12 finer (8/20).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 2646, PCGS# 8632, Greysheet# 9459)
Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.53oz
Mintage: 5,000
Auction Info
2020 September 18 - 20 US Coins Signature Auction #1319 (go to Auction Home page)
Auction Dates
September, 2020
18th-20th
Friday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 368
Buyer's Premium per Lot:
20% of the successful bid per lot.
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