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    Description

    1869-S Ten Dollar, AU58
    Underrated Rarity in High Grades

    1869-S $10 AU58 PCGS Secure. CAC. The 1869-S eagle is one of many low-mintage gold issues from the Reconstruction era, struck to the extent of just 6,430 pieces. It was not until 1879 that gold coins began to again be exchangeable at banks on par with federal paper money, which meant that circulating gold was very limited throughout this period, and by extension, production was restricted.

    PCGS estimates only 60 to 75 examples of the 1869-S eagle survive, which makes it every bit as scarce as its even lower mintage Philadelphia counterpart. In such a comparison, the 1869-S is revealed as being somewhat underappreciated, particularly in high grades. This near-Mint example displays well-struck design elements that reveal just a brush of friction over the high points. Both sides exhibit bright yellow-gold color, with remnants of semiprooflike mirroring in the recesses and a lack of singularly obtrusive abrasions. Population: 4 in 58, 2 finer (3/15).(Registry values: N4719) (NGC ID# 264S, PCGS# 8656)

    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
    April, 2015
    22nd-26th Wednesday-Sunday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
    Page Views: 831

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