1883-O $10 XF45 PCGS....

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Description

Bright Choice XF 1883-O Eagle
Conditionally Rare and the
Lowest-Mintage Branch Mint Eagle

1883-O $10 XF45 PCGS. The 1883-O eagle is the lowest-mintage branch mint Liberty Head eagle, with only 800 pieces coined. Writing in 1980, David Akers opined that it was the second-rarest New Orleans eagle, behind the 1859-O. Evaluating more recent data, Doug Winter states the 1883-O actually surpasses the 1859-O in terms of absolute rarity.
In Gold Coins of the New Orleans Mint 1839-1909, Doug Winter estimates a surviving population of only 35-45 examples in all grades. The great majority are circulated coins; Mint State specimens are prohibitively rare. Winter writes that "accurately graded EF45's are rare, while AU50 to AU55 coins are very rare." Winter believes 14-18 examples survive in XF grades, with only six to nine finer pieces.
This Choice XF example displays bright, yellow-gold surfaces that retain traces of prooflike luster in protected areas. All higher-grade pieces show similar prooflike luster, a result of the extremely small mintage. The device detail is sharp, save for flatness on the curl above Liberty's ear and on a few star centrils. Both sides reveal evenly distributed circulation marks. This piece has none of the problems that Winter describes for the typical 1883-O, with no heavy abrasions, planchet cracks, or laminations. A remarkable example for the grade and issue.
Ex: Long Beach Signature (Heritage, 2/2009), lot 2936.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 2668, PCGS# 8701, GSID# 9501)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 800

View Certification Details from PCGS