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    1864-S Ten Dollar, AU55
    Only 22 to 26 Pieces Known
    Tied for the Finest

    1864-S $10 AU55 NGC. The 1864-S is one of the rarest dates in the entire Liberty eagle series. David Hall, writing for CoinFacts, considers it the second-rarest Liberty ten, trailing only the ultra-rare 1875. This issue is often the last to be acquired by collectors who assemble complete date and mintmark sets. It is more difficult to locate an 1864-S Liberty ten than most of the more highly heralded Carson City keys. Certainly, this issue has room for even greater collector appreciation.

    The San Francisco Mint struck a paltry 2,500 Liberty tens in 1864, all of which entered circulation. This issue is unknown today in Mint State, and there are but 22 to 26 circulated pieces extant according to PCGS (25 to 30 coins, per Doug Winter's estimate). Since our Permanent Auction Archives began in 1993, we have handled an example of this issue on only 18 occasions, including three ungraded pieces with a Details designation. This figure also includes more than one appearance of some individual coins. Within the last decade, we have handled just seven different 1864-S eagles. The most recent of these, an XF40 PCGS coin, was in lot 4264 of the Long Beach Signature (Heritage, 2/2018), where it realized $114,000. The last AU-level coin that we handled was the Donald E. Bently AU53 NGC piece (Heritage, 3/2014), which garnered $146,875. The present example surpasses both of those coins in grade and eye appeal.

    This Choice AU coin is tied for the finest 1864-S Liberty ten known, and it is the first example in this top-most grade that we have ever handled. Elements of luster remain in the protected portions of the fields, complementing sharp design details that have only trivial high-point wear. The fields show light chatter but have no singular abrasions. This is an 1864-S Liberty eagle worthy of being dubbed one of the finest known.

    NGC has seen only eight submissions in all grades, with two AU55 coins being the finest; PCGS also lists two AU55 coins at the top of their Population Report (8/18). We have been able to verify the existence of at least three pieces in this grade. We look forward to placing this magnificent rarity in a high-end 19th century gold collection.(Registry values: N7079)

    Coin Index Numbers: (NGC ID# 264E, PCGS# 8640)

    Weight: 16.72 grams

    Metal: 90% Gold, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    October, 2018
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 27
    Lot Tracking Activity: N/A
    Page Views: 1,953

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