1930-S $10 MS (PCGS# 8883)

Jim O'Neal Saint-Gaudens $10

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3529
  • Grade:
    MS67
  • Price:
    $299,000.00
Lot Description
1930-S $10 MS67 PCGS. Ex: Duckor. As America's circulating gold coinage production wound down though the 1920s and on to 1933, San Francisco's output became increasingly irregular. The West Coast facility was the only site to coin half eagles in 1916; production of the denomination ceased until Philadelphia created its heavily melted issue of 1929. While twenty dollar output enjoyed some consistency, at least in the years that other Mints produced the denomination, the end of the ten dollar denomination was fitful, with a decade falling between the famous 1920-S eagles and the 1930-S pieces, with the lone Philadelphia issue of 1926 intervening. The eagles and double eagles minted at San Francisco in 1930 would be the last U.S. gold coins struck at that Mint until 1984, when it manufactured a different sort of "eagle": ten dollar proof gold commemoratives for the Los Angeles Olympiad. The 1930-S eagles, already few in number from the tiny original mintage of 96,000 pieces, was decimated by the gold meltings of the Roosevelt Administration. The vast majority of survivors are in varying degrees of Mint State, indicating an issue that met the same fate as many of the other melt rarities of the era. Garrett and Guth, in their Encyclopedia of U.S. Gold Coins, write: "In overall terms of rarity, this date ranks a little behind the 1920-S, with just a few hundred known in all, and those are scattered over the grading spectrum." The 1930-S eagle perhaps warrants a stronger compliment; the authors' use of "a few hundred" substantially overstates this issue's availability, since fewer than 200 entries appear in the combined certified population and most authorities list between 125 and 150 pieces extant. Most of those survivors share several physical traits. As described in The Coinage of Augustus Saint-Gaudens as Illustrated by the Phillip H. Morse Collection, "When encountered, the 1930-S is invariably found with thick mint frost, a common trait on S-mint tens in this series
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