1911-S $10 MS (PCGS# 8870)

2010 October Stamford Coinfest Signature US Coin Auction #1145

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4954
  • Grade:
    MS65
  • Price:
    $24,150.00
Lot Description
1911-S $10 MS65 PCGS. CAC. The 1911-S Indian eagle was produced to the unusually low extent of a mere 51,000 pieces, although the issue is overshadowed by its still-lower sibling, the 1911-D, which saw a mintage of 30,100 coins. Nonetheless the 1911-S is a well-respected series rarity, even despite the discovery in the 1970s of a small European hoard of 30-40 high-grade coins. Writes Mike Fuljenz in Indian Gold Coins of the 20th Century: {blockquote}"The fact that there was a decent sized hoard of Gem 1911-S Eagles at one time should not deter the advanced collector from according this date a high level of respect. These coins have been long since dispersed and, today, no more than one or two Gems are seen at auction on an annual basis."{/blockquote} The present specimen, with CAC sticker, is a marvelous representative of the issue. Abundant luster is the most obvious attribute, but virtually mark-free, mattelike surfaces and glorious apricot-gold coloration are equally impressive. Population: 22 in 65, 9 finer (9/10).
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