1865-S $10 865/Inverted 186 MS (PCGS#8643)
The Regency Auction 42
- 拍卖行
- Legend Rare Coin Auctions
- 批号
- 29
- 等级
- AU53
- 价格
- 161,576
- 详细说明
- THE BIGMO CIVIL WAR COLLECTION PART II This is very important, rare, and highly collectible major variety in this series. Produced when the die sinker erroneously punched the 186 logotype upside down, realizing his error, properly punched it, then the final 5 punch was placed. The upright of the 1 is clearly visible in the loop of the 5, and the outline of the 8 is seen to the right of the 6. Akers noted that the overdate is rare in all grades, but is actually slightly more common than the regular 1865-S. That said, PCGS CoinFacts estimates a total of 50 survive in all grades. The single finest is a MS64 from the S.S. Brother Jonathan, then PCGS has not graded anything finer than AU55. The present example is lightly worn on both sides. Displaying the typical striking softness at the centers as seen on other known examples, this piece has a good look overall. Olive and honey gold hues are pleasing to the eye, and while we note some traces of contact on both sides, these are natural from its use in commerce and there are none that have an impact on the high end naked eye visual allure, nor would they preclude a CAC approval, which makes this coin UNIQUE for the AU53 grade. Out of desperation, the Confederate Congress passed, and on March 13, President Jefferson Davis signed, a law that authorized black men to serve in the rebel army. PCGS 5, NGC 3, CAC 1. There are only two other PCGS AU53 coins that have ever sold in auction: the E.R.Lee-James A. Stack-Harvey B. Jacobson coin that sold in February 2020 for $15,600 and the Donald Bentley coin that sold in March 2014 for $27,025. The last PCGS AU50 sold in the Stack's sale of the Johnson-Blue Collection in August 2010, and the last PCGS AU55 sold in Superior's February 2003 auction. We sold an NGC AU55 for $27,025 in May 2018. Clearly these do not appear with any real frequency, and that two examples have sold in a calendar year is a very rare occurrence. The current Collectors Universe value is listed at $30,000. With opportunities to find a problem free example extremely few and far between, we suspect this coin will sell for a very strong price! Cert. Number 29700854 PCGS # 8643.00
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