1862 $10 MS (PCGS#8635)
Spring 2022 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 6335
- 等级
- AU55
- 价格
- 42,028
- 详细说明
- 1862 Liberty Head Eagle. AU-55 (NGC).
Pretty pinkish-rose highlights intermingle with dominant orange-olive patina on both sides of this lustrous Choice AU example. Much of the original finish remains, and it even includes evidence of modest semi-reflectivity in the fields. Sharply struck and uncommonly smooth in hand for the assigned grade. As Union hopes for a quick victory in the Civil War were dashed with their defeat at the First Battle of Bull Run (a.k.a. First Manassas) in July 1861, Eastern banks suspended first gold and then silver specie payments. By early 1862 gold coins had effectively disappeared from circulation in the Eastern and Midwestern states, the yearly output of circulation strikes from the Philadelphia Mint also dropping off markedly as little bullion reached the facility for coinage. The 1862 has a modest mintage of 10,960 pieces, many examples of which were exported and eventually melted. When we further consider than most of the few survivors are well worn, the significance of the present offering should be obvious even to the casual observer. For the advanced gold specialist, and a coin that is sure to see spirited bidding at auction.
PCGS# 8635. NGC ID: 2649.
Click here for certification details from NGC.
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