1859-S $10 MS (PCGS# 8630)

Pre-Long Beach Coin Auction

  • Auctioneer:
    Ira & Larry Goldberg
  • Lot Number:
    1712
  • Grade:
    AU-50
  • Price:
    $11,500.00
Lot Description
A truly rare sleeper date in the eagle series and in United States numismatics! Light yellow gold surfaces with hints of rose toning in the periphery on obverse and reverse. Plenty of luster still remains on this rare date eagle on both sides. Typical weak strike seen on the tips of the eagle's wings but better than average strike on the legs and talons. Identified by two potential "struck-thru" marks at the 9th star. David Akers commented on this rarity by stating "grossly underrated in light of its true rarity". Research and comparison of population statistics and current price levels for the 1859-S versus other well known "Classics" will show just how severly this issue is undervalued. To date, not a single mint state specimen has been graded by either NGC or PCGS. A fantastic offering for the advanced gold specialist, numismatist or opportunistic buyer to act upon. NGC population is 3 in AU50, 2 in AU53, 4 in AU55 and a single AU58 as finest. <BR>Estimated Value $9,000 - 9,500.
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