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1849 $10 MS64 PCGS. CAC....
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Description
1849 Ten Dollar, MS64
Among the Finest Known
1849 $10 MS64 PCGS. CAC. The 1849 is the second most
available Philadelphia eagle from this decade. A few dozen pieces
exist in Uncirculated but most are in the MS60 to MS62 grade range.
This date is rare in MS63 and it is very rare in MS64 with only
three PCGS examples known and none finer. The listing of those
known to us in MS64:1. MS64 PCGS. Ex: Warren Miller / Long Beach Signature (Heritage, 10/1995), lot 6266, where it brought $23,100.
2. MS64 PCGS. Logan / Steinberg Collections (Bowers and Merena, 11/2002), lot 3355, where it sold for $14,950; Pre-Long Beach Elite Auction (Superior, 5/2003), lot 3758, where it realized $18,400.
3. MS64 PCGS. ANA Signature (Heritage, 8/2013), lot 5877, as MS64 NGC, CAC, where it brought $32,900. Jacobson Collection.
4. MS64 NGC. Freedom Collection / FUN Signature (Heritage, 1/2007), lot 3643, where it sold for $23,000.
The Eliasberg coin, lot 682, is untraced but it is believed to grade MS64 by today's standards. It sold for $11,550 in October, 1982.
Both sides of this MS64 example display semiprooflike orange-gold surfaces with good field-device contrast, stronger on the reverse. The obverse die was close to failure, giving a "bulging" look on the coin's left obverse and resulting in weakness on the stars. The central obverse and the reverse, on the other hand, are sharply struck. Raised die lines are visible in the arc of the eagle's neck and left (facing) wing. A few small contact marks on Liberty's cheek and neck preclude an even finer grade. This coin set a record price for a business strike 1849 eagle when it was last offered by Heritage seven years ago and it remains an important opportunity for the type collector to acquire a high quality No Motto eagle.
From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N7079)
Coin Index Numbers: (NGC ID# 2635, PCGS# 8601)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [The Harvey B. Jacobson, Jr. Collection of Liberty Eagles ]
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