LOT #8593 |
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1879-O $10 AU58 NGC....
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Description
Very Rare Near Mint 1879-O Eagle
1879-O $10 AU58 NGC. Production at the New Orleans Mint ceased between 1861 and 1879, due to the Civil War and its aftermath. The Bland-Allison Act required heavy production of Silver Dollars, however, and to help meet quotas the New Orleans Mint was reopened. While nearly 3 million Morgan Dollars were struck at the facility in 1879, a small number of Eagles and Double Eagles were also struck. Both of these issues are formidable rarities. Although the 1879-O Double Eagle is better known, only 1,500 1879-O Tens were produced. Since these pieces were regarded strictly as bullion at the time, at most only a couple hundred have survived, typically in XF condition. Only one piece has been certified in Mint State, which makes Borderline Uncirculated examples the finest obtainable in practice. This well struck piece has ample prooflike luster and a hint of apricot patina. There are numerous minor ticks, as is appropriate for the grade. Population: 9 in 58, 1 finer (9/04).(#8685) (Registry values: N4719)Coin Index Numbers: (NGC ID# 265P, PCGS# 8685, GSID# 9489)
Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 1,500
Auction Info
2004 November Palm Beach, FL Signature Sale #358 (go to Auction Home page)
Auction Dates
November, 2004
4th-6th
Thursday-Saturday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 427
Buyer's Premium per Lot:
15% of the successful bid per lot.
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