1839 $10 Type of 1840 MS (PCGS# 8580)

The June 2010 Baltimore Auction

  • Auctioneer:
    Bowers & Merena
  • Lot Number:
  • Grade:
  • Price:
Lot Description
1839 Liberty Eagle. Small Letters, Type of 1840. EF-40 (PCGS). OGH. This is the first Liberty Eagle that displays the modified version of Liberty's portrait with refined hairlines and a more gently curved truncation. Very, very few survivors are known from an original mintage of 12,447 pieces, a fact that is hammered home by the notation that the famed United States Gold Coin Collection of Louis E. Eliasberg, Sr. lacked an example of the 1839 Type of 1840. This is a handsome-looking EF with bold-to-sharp definition and considerable luster coming into view at more direct angles. Medium-gold surfaces have some claim to an AU grade, as there is little rub and no singularly mentionable abrasions apart from a single reverse mark that is out-of-the-way near the upper border. Closer inspection also reveals what appears to be a trivial obverse rim nick just past 12 o'clock. Worthy of a close look.
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