1861-S $10 AU55 PCGS. CAC....

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Sold on Feb 20, 2020 for:

$16,800.00 Bid Source: Live: Floor bidder

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1861-S Ten Dollar, AU55
CAC Approved, Condition Census

1861-S $10 AU55 PCGS. CAC. The 1861-S is still a scarce issue but it has become more available than it was as recently as a decade ago, likely due to examples located in overseas banks. There are as many as 70-80 pieces known in all grades and an estimated 12 to 15 coins are in About Uncirculated. This date is rare in properly graded AU55 to AU58, and the only Uncirculated piece is an NGC/CAC MS61 that Heritage last sold for $67,563 as lot 5390 in their 2012 ANA Signature.

It is important to remember that eagles from the San Francisco mint saw much greater use in commerce than their counterparts from Philadelphia. This explains why coins like this lovely PCGS/CAC AU55 are significant to collectors as there are so few available that show light circulation.

A total of five PCGS-certified AU55 1861-S eagles have sold at auction since January 2003. The two most recent appearances are from the Long Beach Signature (Heritage 6/2017), lot 3220, where that piece brought $15,863, and the example from the ANA Auction (Stacks Bowers, 8/2016), lot 3341, which realized $14,100. Neither of these coins was approved by CAC and the Jacobson example is clearly superior for the grade. Only a touch of wear shows on the well-detailed design elements of this impressive Choice AU specimen and the lightly abraded orange-gold surfaces retain much original mint luster in sheltered areas. CAC has approved just two coins in this grade with two finer (AU58 and MS61). Population: 8 in 55, 6 finer (1/20).
Ex: Simpson-Hall Collection.
From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 2648, PCGS# 8634, Greysheet# 9460)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

View all of [The Harvey B. Jacobson, Jr. Collection of Liberty Eagles ]

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