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    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)

    Weight: 16.72 grams

    Metal: 90% Gold, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    September, 2020
    18th-20th Friday-Sunday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 203

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