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    Description

    1875 Eagle, Gilt Aluminum, Judd-1447
    R.8, PR65, Two or Three Known

    1875 $10 Ten Dollar, Judd-1447, Pollock-1592, R.8, PR65 Gilt NGC.
    Design.
    Both obverse and reverse are from the regular gold eagle dies of 1875, but this piece is struck in aluminum, gilt, with a reeded edge.

    Commentary.
    This pattern is doubly rare. Not only is the pattern issue itself rated R.8, with only two or three pieces known, but the eagle on which it is based, and all the other regular-issue gold coins of 1875 with the sole exception of the double eagle, are noted rarities with exceedingly low mintages. Mintages of the copper and silver circulating issues for the year ranged from sufficient to enormous--but the gold coinages are another story altogether.

    Of the six gold denominations current in 1875 from the gold dollar through double eagle, one was a proof-only issue of 20 coins, the Indian Princess three dollar gold. Four other gold issues--the gold dollar, quarter eagle, half eagle, and eagle--saw mintages that added up to 1,100 business strikes in toto, plus a sprinkling of 20 proof coins per denomination. In the case of the 1875 business-strike eagle, only 100 business strikes plus 20 proofs were produced. The 1875 eagle is the most legendary and valuable issue in the entire run from 1838 to 1907. Only the business-strike 1875 Liberty Head twenties saw plentiful mintages at three different mints--and again the proof emission was just 20 coins.

    Since the regular-issue gold coins of 1875 are so rare, most examples of the Judd-1447 (aluminum) and the Judd-1446 (copper) have been gilted. Pollock comments that this example weighs 41.0 grains, with 180-degree die alignment.

    Physical Description.
    The gilting evenly covers both sides of this splendid Gem, which shows precious few marks that might serve as pedigree identifiers. The strike is full on both sides, and even though this piece is struck in aluminum, there are none of the air bubbles or other planchet defects that frequently plague early aluminum pattern coinage. NGC Census: one PR65 gilt (this piece), one PR66 Ultra Cameo nongilt (11/08). PCGS Population: none.

    Census.
    Only two or possibly three pieces are known.
    1. Robison Collection of U.S. Gold Coins (Stack's, 2/1979), lot 722. The present specimen.
    2. Gilhousen (Superior, 2/1973), lot 1062; Rio Rancho (Superior, 10/1974), lot 469.
    Other Appearances. While these are likely duplications of the pieces above, we cannot conclusively establish a pedigree chain.
    A. King Farouk; Palace Collections of Egypt (Sotheby's, 2/1954), lot 1937.
    B. Paramount Special Price List No. 3 (1966), p. 3.
    From The Lemus Collection, Queller Family Collection Part Two.

    Coin Index Numbers: (NGC ID# 2ACD, PCGS# 61756)


    View all of [The Lemus Collection, Queller Family Collection Part Two ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
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