LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

101

1855 10C Arrows MS68 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:13,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1855 10C Arrows MS68 NGC
<B>1855 10C Arrows MS68 NGC.</B></I> This beautiful Superb Gem type coin is close to brilliant, although faint tan toning is present here and there. Well struck aside from the reverse dentils near 6 o'clock. The preservation is outstanding, since careful evaluation is necessary to locate the occasional faint grazes. Arrows dimes were struck for only three years, 1853 to 1855. By 1849, West Coast gold was mined in sufficient quantity to increase the relative value of silver. Silver coins were promptly hoarded and melted. The Mint responded by reducing the weight of silver coins in 1853, which allowed them to circulate. Arrows were added to the date to denote the new tenor. The 1853 production was prodigious to end the shortage of silver in circulation, but by 1855, mintages were reduced to normal levels and Mint State pieces are elusive. Census: 2 in 68, 0 finer (1/08).<BR><I>From The Southwest Collection.</B></I><BR><BR><B>Coin Engraver:</B> Christian Gobrecht<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
Sign In to Bookmark Lot