765

*HIGHLIGHT OF ENTIRE AUCTION* PCGS 1864-s Gold Liberty Eagle $10 Graded xf details By PCGS (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:54,000.00 - 108,000.00 USD
*HIGHLIGHT OF ENTIRE AUCTION* PCGS 1864-s Gold Liberty Eagle $10 Graded xf details By PCGS (fc)
***Auction Highlight*** PCGS 1864-s Gold Liberty Eagle $10 Graded xf details By PCGS. HIGHLIGHT OF THE ENTIRE AUCTION - Up for Auction is a Numismatic rarity, an 1864-s $10 Gold Liberty. Per PCGS only 24 Survive in all grades and none in mint state. I have included another xf45 for your comparison. The 1864-S is the rarest eagle from San Francisco and it is clearly the second rarest Liberty Head eagle, trailing only the 1875. For the San Francisco mint no other year claims a smaller mintage than 1864, when just 2,500 examples were struck. There are an estimated 20-25 pieces known, and at least half of these grade lower than XF40 with some survivors as low as VG8. In choice, original Extremely Fine there are as few as a half dozen coins known, and to this number we can add another four or five in About Uncirculated. The finest is a PCGS-certified AU55+ that brought $219,004 (as an NGC AU55) in the Chicago Signature (Heritage, 10/2018), lot 3179. No pieces are known in mint condition.This piece has long been held in a private collection and has not seen the public auction ever.Between 2000 to 2014, this issue was virtually unavailable in any grade. It turns out that collector Donald Bently was quietly hoarding 1864-S eagles (and other rare issues as well) and when his collection came onto the market in early 2014, his estate contained four examples. Prices immediately skyrocketed for this issue and the formerly grossly undervalued 1864-S eagle became a six-figure coin in Extremely Fine and finer. While this date is no longer "cheap," it still seems reasonable given the popularity of the Liberty Head eagle series and the rarity of this issue.Most of the stars show partial radial line detail, and Liberty's portrait is strong for the grade. Incompleteness is a touch more apparent on the eagle's neck and the olive leaves, but the legends on that side are bold. Attractive khaki-gold surfaces show crusty accents within the protected regions.We would encourage anyone with an 1864-S ten on their wish list to seriously consider the present lot, as these coins rarely make public appearances. I have included 2 other xf for your comparison. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation