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LOT #3423  | 
Sold on Nov 20, 2020 for: Not Sold

1876 $10 AU55 NGC....

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Sold on Nov 20, 2020 for:
Not Sold
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Description

1876 Ten Dollar, AU55
Semiprooflike Philadelphia Rarity
Only 687 Coins Struck

1876 $10 AU55 NGC. The 1876 eagle boasts the second lowest mintage of the series at just 687 coins. Only the famous 1875 and its mintage of 100 pieces is lower. PCGS estimates that only 40 to 50 1876 coins survive in all grades, which is likely accurate considering the combined NGC and PCGS certified population of 55 coins likely includes some duplication. Only two pieces are reported in Mint State, including an MS60 PCGS coin and an MS61 Prooflike NGC (10/20).

Grading standards have evolved somewhat over the past couple of decades, and some of the coins in AU holders would not have qualified for those designations years ago. In David Akers' United States Gold Coins, written in 1980, the author stated, "Most of the known business strikes are VF and typically are well struck with prooflike or semi-prooflike surfaces. A few EF's are also known and I have seen one that I called AU, but no strictly uncirculated 1876 is known to exist."

This Choice About Uncirculated example yields bright yellow-gold surfaces that enjoy deep reflectivity in the fields. The sharply rendered devices have only trivial wear, and abrasions are not bothersome. This is a decidedly appealing example of an issue that is seldom seen in any condition. Census: 5 in 55, 5 finer (10/20).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 265C, PCGS# 8674, GSID# 9397)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Melt Value: $905.10
Gold Spot: $1,871/oz (11-20-2020)
Mintage: 687

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Auction Info

2020 November 19 - 22 US Coins Signature Auction #1321 (go to Auction Home page)
Auction Dates
November, 2020
19th-22nd Thursday-Sunday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 452

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

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Sold on Nov 20, 2020 for: Not Sold
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