1910 $10 MS (PCGS# 8865)

Jim O'Neal Saint-Gaudens $10

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3511
  • Grade:
    MS66
  • Price:
    $14,950.00
Lot Description
1910 $10 MS66 PCGS. Ex: Duckor. The 1910 eagle has long enjoyed a reputation for easy availability, and in most grades, this is true. By the Select level, however, the issue commands a substantial premium over type. As is the norm for 20th century gold, coins that are readily found in lesser Mint State grades become immensely elusive in better condition, and at the MS66 level, the 1910 eagle becomes a condition rarity, with 19 such pieces certified by PCGS and only two finer (11/08). Despite this rarity, it appears in high-end type collections with some frequency, being one of the more readily acquired Saint-Gaudens eagles in grades above Gem, though not to the same extent as the "usual suspects" for the series, such as the 1926, 1932, or even the 1910-D. Overall eagle production spiked in 1910 compared to the year before. With total production at 318,500 circulation-finish pieces, this P-mint issue is hardly a low-mintage rarity, though in context of the year of issue, Philadelphia had the lowest output for the denomination in 1910. Denver's mammoth mintage of over 2.3 million pieces was the second-highest recorded for the series, and San Francisco's production of 811,000 examples set a record for the mint and design. The eagle denomination, like other large-format coins of the time, had a production schedule largely dictated by demand, and that demand was not as strong on the East Coast as it was in the rugged West or beyond the Rocky Mountains. The present Premium Gem is a remarkable representative that combines one of the most desirable modern gold pedigrees with the outstanding visual appeal and quality that made the collection famous. Both the central and the peripheral devices are solidly impressed for the issue, and the powerful luster adds vibrancy to the yellow-gold obverse and the honey-tinged reverse. Remarkably well-preserved on the portrait, and even though a few shallow marks present to the left of the eagle's legs, these flaws have only trivial influ
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