1867-S $10 AU50 PCGS. CAC....

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Sold on Feb 20, 2020 for:

$14,400.00 Bid Source: HA.com/Live bidder

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1867-S Ten Dollar, AU50
A Rare and Underappreciated Issue

1867-S $10 AU50 PCGS. CAC. Ex: Simpson-Hall. The 1867-S was first identified as a "grossly underrated" issue by David Akers who pointed out that it had among the lowest frequencies of appearance of all eagles. Decades later, this date remains underappreciated and there are just 50-60 examples known from the original mintage of 9,000 pieces. The 1867-S saw heavy use in local commerce and today survivors are apt to grade XF45 or lower. This date is rare in About Uncirculated with maybe seven or eight coins known. The current PCGS population of three coins in AU55 and one in AU58 (with none finer) verifies the relative unavailability of the 1867-S in higher grades. The finest known is likely the NGC/CAC AU58 sold by Heritage as lot 4273 in the Admiral Collection (2/2018); it brought a record-setting $45,600.

Since the sale of the Bass II coin in October 1999, only one PCGS AU50 1867-S eagle has sold at auction and it brought $9,400 in the Central States Signature (Heritage, 4/2013), lot 5899. During this same time frame, there were no PCGS AU53 examples and just two PCGS AU55s sold at public auction.

CAC has approved eight 1867-S eagles in all grades, this AU50 coin and three finer examples: one in AU55 and two in AU58. This lightly worn AU50 example displays pleasing orange-gold surfaces with the usual number of minor abrasions for the grade. Traces of original mint luster cling to sheltered areas around the devices.

This coin will be overshadowed by many other eagles in this memorable collection but it is among the more important pieces.
Ex: Simpson-Hall.
From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 264M, PCGS# 8652, Greysheet# 9468)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

View all of [The Harvey B. Jacobson, Jr. Collection of Liberty Eagles ]

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