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Description

1869 Eagle, AU55
Only 1,830 Business Strikes Produced

1869 $10 AU55 PCGS. The mintage for this date is an absurdly low 1,830 business strikes, yet the 1869 eagle remains a curiously overlooked issue in this series. Around 55 to 65 pieces exist in all grades with perhaps a dozen extant in About Uncirculated. Most 1869 tens are deeply prooflike and heavily abraded. This is one of the true appearance rarities of all With Motto eagles, reinforced by the approval by CAC of only one coin in all grades, an AU55.

This nice AU55 is comfortably in the Condition Census for the issue. PCGS has graded few finer than this; just a single coin in AU58, another in AU58+, plus one each in MS60 and MS62. Just three coins have sold at auction in PCGS AU55 since late-1995 and each sale has occurred within the last few years. The most recent auction price realized is from Legend's Regency Auction 29 (11/2018), lot 339, a coin that brought $9,694.

This coin is likely to sell for under $10,000, yet it is a rare issue in all grades but it lacks the collector following accorded to the mintmarked dates of this type. This well-detailed, lightly worn Choice AU specimen exhibits lightly abraded orange-gold surfaces, with a few amber alloy spots near the eagle's head. This coin will be a welcome addition to a fine collection of Liberty eagles.
From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 264R, PCGS# 8655, Greysheet# 9390)

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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Auction Info

Auction Dates
February, 2020
20th-23rd Thursday-Sunday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 439

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

Sold on Feb 20, 2020 for: $10,200.00
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