1852 $10 MS(PCGS#8608)

The Summer 2022 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

3253

等级

MS62

价格

49,642

详细说明

1852 Liberty Head Eagle. MS-62 (PCGS). Superior surfaces are enhanced by blended frosty luster and vivid honey-rose color. This is a generally boldly struck, impressively smooth example that ranks among the finest 1852 eagles available to today's gold enthusiasts. In 1852, the Philadelphia Mint received enough gold from the California gold fields to coin 263,106 eagles. The coins entered commerce where they saw use until the Civil War disrupted monetary circulation nationwide. With the price of gold dropping in relation to silver because of the huge quantities of the yellow metal coming out California, silver was driven out of circulation by speculators seeking to make a small profit. In so doing, many gold coins took up the slack and saw heavy use. Larger denomination gold coins were also preferred for international trade particularly in Europe, and large quantities of eagles and double eagles made their way across the Atlantic. The outward flow was exacerbated in the 1860s when foreign merchants would only take gold and silver in trade. These coins would spend the next several decades overseas, mostly in sacks, moving from one bank to another, and quite often suffering abrasions and scrapes along the way. Many more were lost to the Treasury meltings of the 1930s, leaving only a comparative few for numismatists to contemplate. If looking at mintage figures alone, the 1852 eagle in theory should be relatively available, even in Mint State. Indeed, in circulated grades, the issue can be found with some degree of ease, though only a few dozen are known at the Choice AU level. In Uncirculated the date becomes one of the most demanding No Motto Liberty Head eagles to locate. To date, the PCGS Population Reportfor the 1852 eagle shows a total of 546 events in all grades, of those only 29 were Mint State, and with the lion's share receiving an MS-61 grade. Above that is a tiny cluster of specimens in MS-62/MS-62+ at both services, then nothing until you reach the very lonely top with the solitary marvel of the Pogue specimen in PCGS MS-66. Tied for CC#3 for the issue, the Fairmont Collection specimen offered here represents the pinnacle of quality and eye appeal obtainable for most of today's gold collectors. Provenance: From the Fairmont Collection - JBR Set. PCGS Population: 6; 4 finer (MS-66+ finest). PCGS# 8608. NGC ID: 263C. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.