1862 $10

Click the image to load the highest resolution version.

Sold on Feb 23, 2001 for:

Sign-in or Join (free & quick)

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Choice AU 1862 Eagle, A Low Mintage Issue

1862 $10 AU 58 NGC. The suspension of specie payments during the Civil War had an adverse effect on gold coin production in the Philadelphia Mint. First, mintage figures dropped off dramatically from pre-1862 levels. Second, the few coins that were delivered were hoarded, exported, and/or melted. The 1862 eagle is a classic example of this chain of events. Only 10,995 pieces were produced, a significant reduction from the Mint's delivery of 113,233 coins in 1861. Furthermore, this issue was not well preserved, and both major grading services have seen only two Mint State examples (11/00). Superior to the often encountered VF or XF representative, this near-Mint survivor exhibits attractive crimson-gold color and modest brightness in the fields. Both sides are sharply defined with no more than the expected number of abrasions for a circulated eagle.

Coin Index Numbers: (NGC ID# 2649, PCGS# 8635, GSID# 9383)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 10,960

View Certification Details from NGC