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Description

1876 Ten Dollar Liberty, AU58
Low-Mintage Rarity
Only Two Finer Certified

1876 $10 AU58 PCGS. CAC. The overall rarity of the 1876 ten dollar rivals that of almost all other dates in the Liberty eagle series, with only the 1873 and the prohibitively rare 1875 being decisively rarer. The 1876 eagle also had a mintage of only 687 pieces, the second-lowest production total of the series, behind only the 1875 at a paltry 100 coins. Survivors are rare in all grades, with only 40 to 50 pieces believed extant. The sole finest known is an NGC MS61 Prooflike coin; PCGS has also certified a Mint State example -- an MS60 coin -- though it is unknown if this is perhaps the same as the NGC example. Seven AU58 coins are tied for the next finest known of the date (2 at PCGS and 5 at NGC), though even this figure possibly includes one or more resubmissions (4/16). The combined certified population total of 54 coins in all grades is notably higher than the number of pieces actually believed to exist. The Smithsonian Institution lacks an example of this issue in business strike format. This is the only CAC-endorsed AU58 example of this rarity, and neither of the two (or perhaps just one) pieces certified in Mint State have been CAC-endorsed.

All known representatives of this date are moderately abraded, as virtually the entire mintage was released into circulation. Prooflike fields, or rather the remnants thereof, are the norm, as can be expected for an issue with such a low mintage. The present coin is a noticeably reflective example, with warm honey-gold patina and sharply defined motifs. Light, uniformly dispersed abrasions are observed on each side, slightly subduing the mirroring in the exposed portions of the fields, but actual wear is almost indiscernible, even with a loupe. Overall, this is an immensely appealing, original example of this With Motto Philadelphia rarity. With only one or two numerically finer representatives known, the specialist should not let this one pass by.(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
Mintage: 687


View Certification Details from PCGS

View Certification Details from CAC sticker

Auction Info

Auction Dates
June, 2016
8th-12th Wednesday-Sunday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 1,565

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Sold on Jun 9, 2016 for: $52,875.00
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