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LOT #4266  | 
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1865-S $10 MS60 NGC....

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Sold on Feb 22, 2018 for:
$90,000.00 Bid Source: Live: Phone bidder
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Description

1865-S Ten Dollar, Lustrous MS60
Third Finest for the Issue
Finest Normal Date Example

1865-S $10 MS60 NGC. This is an example of the rarer Normal Date variety, though collectors tend to get more excited about the dramatic Inverted 865 variant, which is slightly more available. Minor disparities in rarity fall by the wayside when contextualizing a coin of this quality. Jeff Garrett and Ron Guth explain: "The quality of survivors is lower than average for a No Motto eagle with most examples falling into the VF category. Extremely Fine and About Uncirculated examples are extraordinarily rare, and only one example has ever been certified at the Mint State level (NGC MS-60)." This is that coin.

Only two 1865-S eagles are graded higher: Both feature the Inverted 865 variety. One was recovered from the S.S. Brother Jonathan (MS64 PCGS) and another was found among the contents of the S.S. Republic (MS62 NGC). As far as we can tell, this is the first public offering of this highest-graded Normal Date representative in 25 years.

Lively, uninterrupted mint luster glitters across bright peach-gold surfaces. The strike is slightly uneven. Myriad wispy lines and scattered abrasions are unsurprising, considering the grade. The fact that this Western gold piece survives so well-preserved is astounding. Unlike the two other finest known coins, this piece is not of nautical origin. Census: 1 in 60, 0 finer (1/18).
From The Admiral Collection. (Registry values: N10218)

Coin Index Numbers: (NGC ID# 264G, PCGS# 8642, Greysheet# 9464)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

View all of [The Admiral Collection ]

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Auction Info

2018 February 22 - 26 LB Expo US Coins Signature Auction - Long Beach #1272 (go to Auction Home page)
Auction Dates
February, 2018
22nd-27th Thursday-Tuesday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 814

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Feb 22, 2018 for: $90,000.00
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