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

1877 $10 (Proof)

PCGS #:
8817
Diameter:
26.80 millimeters
Designer:
Christian Gobrecht
Weight:
16.70 grams
Edge:
Reeded
Mintage:
20
Metal Content:
90% Gold, 10% Copper
Auction Record:
$50,600 • V CH PR • 6-13-2005 • Stack's
Go To Grade
  • 60
  • 61
  • 62
  • 62+
  • 63
  • 63+
  • 64
60
13,000
60
61
14,500
61
62
22,000
62
62+
24,600
62+
63
35,000
63
63+
39,000
63+
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 10 R-9.5 1 / 42 TIE 16 / 65 TIE
60 or Better 10 R-9.5 3 / 42 TIE 18 / 65 TIE
65 or Better 1 R-10.0 1 / 42 TIE 1 / 65 TIE
Condition Census (Explain)
Pos Grade Thumbnail Pedigree and History
1 PR64 PCGS grade  
1 PR64 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 PR64 PCGS grade  
1 PR64 PCGS grade  
P. Scott Rubin: The 1877 Proof Eagle is an extremely rare coin. Only seven to nine specimens are believed to still exist out of a reported mintage of only 20 coins. It was not until 1941 that an 1877 Proof Eagle was offered separately at auction. I am aware of only three 1877 Gold Proof Sets being offered before 1941.

We know the original purchasers from the Mint of five complete Gold Proof Sets of 1877:
Herman Ely collection sold at Woodward’s January, 1884 Auction lot 952.
Thomas Cleneay collection sold at S.H. & H. Chapman’s December, 1890 Auction lot 428.
William B. Wetmore collection sold at S.H. & H. Chapman’s June, 1906 lot 160.
Brock Family Collection now in the American Numismatic Society Collection.
The United States Mint Collection saved since day one and now in the Smithsonian Institution Collection.

While we only know of the present location of two of the above complete Gold Proof Sets of 1877, we know the Garrett Specimen of the $10 Proof 1877 Eagle is not from one of the above mentioned sets, since the Garrett set was either bought by T.H. Garrett directly from the Mint or from a Dealer intermediary.

The original owners of the other currently known individual specimens are not known. What we do know is that five or six specimens have been offered at auction in the last 25 years. The finest of these is an NGC graded Proof-65 Cameo that reached a record price for the date when sold in Heritage’s 2013 FUN Platinum Night Sale for $76,375.

David Akers (1975/88): Proofs of this date are extremely rare, equal to those of 1865, 1867, 1868, 1871, 1873 and 1875. Only 7-8 are known.