3895

1916-S $10 MS65 PCGS. Ex: Duckor Collection. The 1

Currency:USD Category:Coins & Paper Money / US Coins Start Price:15,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1916-S $10 MS65 PCGS. Ex: Duckor Collection. The 1
<B>1916-S<$10> MS65 PCGS.</B></I> Ex: Duckor Collection. The 1916-S eagle has a comparatively low mintage of 138,500 pieces. Most of the known examples are either lightly circulated or in lower Mint State grades, as the '16-S did not actually circulate to any great degree. Thirty or forty years ago, nice Uncirculated examples of this date simply were not available. In the late 1970s, a couple of small hoards were discovered, including one in Beverly Hills, California, that possibly yielded as many as 125 pieces. This, in turn, boosted the overall population of the 1916-S ten. As a result, this date is no longer considered rare, but it is still very scarce in the finer grades of Uncirculated. The scarcity of the 1916-S is borne out by studying the current population figures from both services. By far, most certified examples fall into the AU55 to MS62 grade range. Fewer than 100 Select examples are known, less than 50 Choice pieces have been graded, and approximately 20 Gem and finer specimens have been certified.<BR> Most 1916-S tens are noticeably abraded, leading to grade restrictions of MS62 or so. Survivors typically are seen sharply struck, although definition is often lacking on the eagle's upper wingtip. Some specimens exhibit somewhat muted luster - especially when compared to many other dates in the Indian ten dollar series. These are usually coins that can be traced to the discovery hoards of the 1970s. Other (non-hoard) coins have brighter luster and a typical greenish-gold or orange-gold appearance. This coin as the attributes of a non-hoard coin with bright orange color and extremely bright, satiny luster. Well defined throughout, a few minor abrasions have collected on each side. These, however, are entirely in line with the assigned Gem grade. Unlike many 1916-S tens there is none of the characteristic weakness on the 1 and right side of the 9 in the date. As an identifier, a tiny raised die dot shows below star 4. Population: 8 in 65, 7 finer (3/06).<BR><I> <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. This lot is being auctioned in conjunction with a live floor auction by Heritage Galleries & Auctioneers. All final auction and invoice information will be supplied by Heritage Galleries & Auctioneers, and all other information should be considered preliminary. Lot:3895 <BR><BR><B>Winning Notification and Billing:</B> After the FINAL session in this auction is complete, Heritage will send e-mail and snail mail invoices. This process normally takes several days. All final auction and invoice information will be supplied by Heritage Galleries & Auctioneers, and all other information should be considered preliminary. <BR><BR>This auction will be conducted on a live auction floor and over the Internet through eBay Live. If you choose to place an absentee bid, please take a moment to <font color='#0000ff'><u><a href='http://pages.ebay.com/liveauctions/help/before/laabsentee.html'>learn how eBay Live absentee bidding works</a></u></font><font color='#000000'>