1916-S $10 MS (PCGS# 8880)
The August 2013 Chicago ANA World's Fair of Money
Lot Number: 4563
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1916-S Indian Eagle. MS-67 (PCGS). Secure Holder. Coruscating luster greets the viewer with swirls and swaths of yellow-gold and greenish-gold blending over both sides. This incredible and memorable coin has a sharp strike and all the lettering and devices are well formed. The quality of the surfaces is outstanding. Few Indian eagles have been assigned such a stellar grade. While the mintage of 138,500 pieces falls into the scarce range for this series, much today depends on the number that escaped the melting pots of the 1930s. There are probably 2,000 or so 1916-S eagles today, with half of those in various lower Mint State grades, the balance showing circulation evidence.<br />
This is an historic offering of a particularly famous coin. Its first appearance was in the famous Palace Collection Sale of the King Farouk Collection of Egypt. The Norwebs bought this coin either then or shortly after (as they assigned some of their bids to Abe Kosoff and Sol Kaplan). Other famous collectors owned it after the Norwebs as noted below, but the quality was superb enough even for the Jim O'Neal Collection. It then entered into the now famous Bentley Shores Collection and from here will go on to another advanced collection as a major highlight.