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    Description

    1849-O Ten Dollar, MS60
    Just Three or Four Mint State Pieces

    1849-O $10 MS60 PCGS. CAC. Variety 3. Ex: Clapp/Eliasberg. The 1849-O is the third rarest No Motto eagle in high grades from New Orleans after the 1841-O and the 1859-O. There are fewer than 20 pieces known in About Uncirculated and this date is very rare in Uncirculated with just three or four examples known. There are two in MS60 (both PCGS), and two graded MS61 (one each at PCGS and NGC). The Jacobson example is the only Uncirculated 1849-O eagle to have been approved by CAC and it is superbly pedigreed as well.

    This is a difficult coin to properly value as the last Uncirculated 1849-O eagle to sell at auction traded twice back in 2007; once for $20,125 and another time for $20,700. To add another, perhaps better perspective, the highest graded example at PCGS (an MS61) brought $21,850 in the Bass IV Auction (Bowers and Merena, 11/2000). This was a strong price at the time for an MS61 New Orleans eagle; even one as rare as the 1849-O.

    This well-detailed Mint State example exhibits just a trace of softness on the stars and the butter-gold surfaces are minimally abraded for the grade. With the two finest examples of this date tied-up in the two finest collections of New Orleans eagles (Tyrant and New England) it is safe to state that this is potentially a once-in-a-generation opportunity to acquire an Uncirculated 1849-O eagle.
    Ex: Clapp Collection; Louis Eliasberg Gold Collection (Bowers and Ruddy, 10/1982), lot 683, where it realized $1,760; prominent Louisiana Collection; acquired by Harvey Jacobson in 2013 via private treaty.
    From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N7079)

    Coin Index Numbers: (NGC ID# 2636, PCGS# 8602)

    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 ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    February, 2020
    20th-23rd Thursday-Sunday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
    Page Views: 452

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