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    1875 Ten Dollar Gold, AU50
    Lowest Mintage Among Regular-Issue U.S. Coins
    Extreme Rarity of the Liberty Ten Series

    1875 $10 AU50 NGC. Multiple great gold rarities emerged from the Philadelphia Mint in 1875, a strange occurrence that presents a philosophical conundrum for gold collectors and a confusion of small numbers. The 1875 three dollar gold piece is a proof-only six-figure rarity, while the gold dollar and quarter eagle each have mintage of only 400 pieces. The 1875 half eagle is a formidable rarity of its own, with only 10 to 12 pieces known from a mintage of 200 coins. Suddenly, the minuscule circulation strike mintage of the eagle -- just 100 pieces -- seems like just one more sign of the times. Yet it is arguably the most important rarity of them all.

    Foremost is the fact that the 1875 eagle has the lowest circulation-strike mintage of any regular-issue U.S. coin of any denomination. From that tiny mintage, perhaps as many as a dozen pieces survive. (We believe just 8 or 9 pieces can be positively identified.) David Hall calls the 1875 eagle a true "ultra rarity," in a class with the 1894-S dime and the 1870-S Seated dollar. Doug Winter says, "I believe that the 1875 eagle, however, is the rarest of all these impressive Philadelphia issues." David Akers simply states that the date ranks with the rarest and most desirable coins in any U.S. gold series.

    The present coin is a sharp AU50 with orange-gold surfaces and scattered, small marks across still-lustrous surfaces. Prooflike flash at the margins adds eye appeal, while the knowledge that only two numerically finer examples exist put this example into truly rare numismatic air. The ten dollar gold series is seldom attempted by even the most patient and well-funded collectors, and the underrated 1875 issue is the crowning jewel among all of its circulation strikes.

    Roster of 1875 Liberty Eagles
    AU55 NGC. 1992 GNA Sale (Mid-American Rare Coins, 5/1992), lot 1435; Richmond Collection, Part I (David Lawrence Rare Coins, 7/2004), lot 2102.
    AU53+ PCGS. Margene Heathgate Collection (Superior 6/1997), lot 1541; Atlanta Signature (Heritage, 8/2001), lot 7904; ANA Auction (Stack's Bowers, 8/2011), lot 7732, realized $345,000.
    AU50 NGC. St. Louis ANA Auction (New England Rare Coin Galleries, 7/1979), lot 313. The present coin.
    4. AU50 PCGS.
    Alto Collection (Stack's, 12/1970), lot 356; Harry W. Bass, Jr.; Bass Collection, Part II (Bowers and Merena, 10/1999), lot 1551; Jeff Garrett; Philadelphia Signature (Heritage, 8/2000), lot 7338; Pre-Long Beach Sale (Superior, 5/2001), lot 4139; Internet Only Auction (Heritage, 4/2002), lot 11458; Old Roswell Mill Collection; offered by John Hamrick in April 2008 at $150,000; David Hall (Ellen D Collection); Simpson Collection via Legend Numismatics in May 2011.
    AU50 PCGS. Four Landmark Collections (Bowers and Merena, 3/1989), lot 700; Long Beach Signature (Heritage, 10/1995), lot 6376; Boys Town and Mamiye Collections (Bowers and Merena, 3/1998), lot 2207; Baltimore Signature (Heritage, 7/2003), lot 10450; Internet Auction (Heritage, 10/2003), lot 14125; FUN Signature (Heritage, 1/2004), lot 2201; Christopher Bentley's Knob Hill Collection (Heritage, 2/2014), lot 4201, realized $211,500.
    XF45 PCGS. James and Margaret Carter Collection (Stack's, 1/1986), lot 270; Public Auction Sale (Stack's, 10/1988), lot 126; ANA Signature (Heritage, 7/1997), lot 5510.
    7. XF45
    . Possibly Louis Eliasberg, Sr.; H.R. Lee Collection (Stack's, 10/1947), lot 1530; James A. Stack; James Stack Collection (Stack's, 3/1995), lot 610.
    XF40. possibly Col. E.H.R. Green; Dr. Charles W. Green Collection (B. Max Mehl, 4/1949), lot 547; Davis-Graves Collection (Stack's, 4/1954), lot 955; Edwards Metcalf; Gilhousen Collection, Part I (Superior, 2/1973), lot 712; Jeff Browning; Dallas Bank Collection (Sotheby's-Stack's, 10/2001), lot 474; Doug Winter; southern collection.
    VF35 PCGS. Public Auction (Robert A. Siegel, 11/1984); Mid-American Rare Coins, 5/1992), lot 395; Dr. Jon Kardatzke Collection (Goldberg, 6/2000), lot 1539; FUN Signature (Heritage, 1/2006), lot 3536.
    VF30 PCGS. Long Beach Signature (Heritage, 6/1997), lot 5548; ANA Signature (Heritage, 8/1998), lot 7771.
    VF30 PCGS. Cornerstone Sale (Mid-American Rare Coins, 8/1991), lot 758; Long Beach Signature (Heritage, 2/1994), lot 5441; FUN Signature (Heritage, 1/1998), lot 7966; June Auction (Superior, 6/1998), lot 2298.
    12. VG.
    William Cutler Atwater Collection (B. Max Mehl, 6/1946), lot 1453; Amon Carter, Sr.; Amon Carter, Jr.; Amon Carter Collection (Stack's, 1/1984), lot 772; Auction '87 (Superior, 8/1987), lot 1946.
    G-VG. Jacob Shapiro, a.k.a. J.F. Bell; J.F. Bell Collection (RARCOA, 4/1963), lot 392.
    14. Good.
    Charles Williams; Adolphe Menjou Collection (Numismatic Gallery, 6/1950), lot 1616.
    15. XF45.
    Possibly Jacob Shapiro, a.k.a. J.F. Bell; J.F. Bell Collection (Stack's, 12/1944), lot 639; Clifford T. Weihman; Josiah K. Lilly; Smithsonian Institution.

    Additional Appearances
    A. Fine, formerly mounted.
    R.L. Wilson Sale (Stack's, 10/1959), lot 1111; Golden Sale (Kreisberg-Schulman, 3/1962), lot 2678.
    B. Extremely Fine, prooflike.
    Sale 416 (Morgenthau, 6/1940), lot 145.
    From The Admiral Collection. (Registry values: N10218)

    Coin Index Numbers: (NGC ID# 265A, PCGS# 8672)

    Weight: 16.72 grams

    Metal: 90% Gold, 10% Copper

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    View Certification Details from NGC

    Auction Info

    Auction Dates
    February, 2018
    22nd-27th Thursday-Tuesday
    Bids + Registered Phone Bidders: 36
    Lot Tracking Activity: N/A
    Page Views: 3,802

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