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SERIES: Liberty Head $10 1838-1907
LEVEL: Year, MintMark, & Major Variety

1863 $10 (Regular Strike)

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PCGS AU53

PCGS XF45
PCGS #:
8637
Diameter:
26.80 millimeters
Designer:
Christian Gobrecht
Weight:
16.70 grams
Edge:
Reeded
Mintage:
1,248
Metal Content:
90% Gold, 10% Copper
Auction Record:
$104,500 • NGC MS63 • 8-1-1991 • MARCA
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 34 R-8.8 3 / 64 4 / 183 TIE
60 or Better 1 R-10.0 1 / 64 TIE 1 / 183 TIE
65 or Better 0 R-10.1 1 / 64 1 / 183
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS63 PCGS grade  

Heck Dodson Collection - MARCA 8/1991:755, $104,500 - Harry Bass Collection - Bowers & Merena 11/2000:683, $52,900

2 AU58 PCGS grade  
2 AU58 estimated grade  

S.S. Republic Shipwreck - California Collection

2 AU58 estimated grade  
5 AU55 PCGS grade  

R.L. Miles Collection - Harry W. Bass, Jr. Collection - Bowers & Merena 10/1999:1491, $23,000

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS63 PCGS grade  

Heck Dodson Collection - MARCA 8/1991:755, $104,500 - Harry Bass Collection - Bowers & Merena 11/2000:683, $52,900

2 AU58 PCGS grade  
2 AU58 estimated grade  

S.S. Republic Shipwreck - California Collection

2 AU58 estimated grade  
5 AU55 PCGS grade  

R.L. Miles Collection - Harry W. Bass, Jr. Collection - Bowers & Merena 10/1999:1491, $23,000

5 AU55 PCGS grade  

Donald E. Bently Collection - Heritage 1/2014:5489, $49,937.50

7 AU53 PCGS grade

David Hall Collection - Bob R. Simpson Collection - E&M Collection

7 AU53 PCGS grade  
7 AU53 estimated grade  

Heritage 1/2005:30496, $28,750

7 AU53 estimated grade  
David Akers (1975/88): As one would naturally expect from the small mintage of only 1,248 pieces, the 1863 is extremely rare in any condition. Almost half the 28 appearances at auction were proofs (many of them repeats) and business strikes are seldom available. All examples I have seen were in the VF and EF grades with heavily bagmarked, prooflike surfaces.
Doug Winter: All of the Civil War era Liberty Head eagles are scarce (with the exception of the 1861) but the 1863 is a key rarity in this subset. In fact, I regard it as among the very rarest 19th century Philadelphia gold coins. Only 1,248 business strikes were issued of which an estimated 30-40 are known. The finest is the superb Bass lV: 683 ex: MARCA 8/91 that brought $52,900 in its last appearance (an amazing bargain) after Harry Bass had paid $104,500 for it back in 1991. The second finest known is an NGC MS62 from the S.S. Republic that is owned by a prominent Western collector.

Almost every example that I have seen grades EF45 or below and is characterized by excessively abraded surfaces. The luster is either soft and frosty or, less often, semi-prooflike and the strike tends to be bold with the exception of the curl directly above Liberty's ear.