1858-S $10 MS(PCGS#8627)

The Regency Auction 30

拍卖行

Legend Rare Coin Auctions

批号

426

等级

AU58

价格

293,891

详细说明

Legend Rare Coin Auctions is proud to offer this impressive 1858-S ten, a major condition rarity, and this is tied for FINEST graded at both PCGS and NGC. This coin began its life rare, as only 11,800 were struck. Depending on your source, 60-80 to perhaps as much as 1% of the original mintage are believed to survive, and David Akers noted in his seminal work, "is a very rare and underrated coin in any grade, as rare in fact as the highly publicized 1858...Most known specimens grade no better than VF. If an uncirculated example exists, I have not seen or heard of it..." That was written in the 1970s and today, neither PCGS nor NGC have graded a single Mint State example. While the S.S. Republic wreck contained four 1858-S eagles, NONE were Mint State. The present coin is vibrantly lustrous with a bold satiny glow in the fields. The faintest trace of friction and microscopic, scattered contact marks are all that keep this important rarity from a full Mint State grade. There are a few minor lines that attest to that friction. The devices are boldly impressed from a heavy blow from the dies. PCGS 3, NGC 10. NO PCGS AU58 has ever sold in auction. The famed David Hall-Bob Simpson Collection contained an exceptional AU55. The amazing Harry Bass Collection had 2 in AU55, the Eliasberg coin was called a "Choice VF-30", Norweb's coin was a VF35 or finer, and the famed Dallas Bank Collection only had a VF. The Amon Carter Collection lacked an example. This is a truly important opportunity to acquire one of the FINEST examples that exists and will see very strong bidding from the advanced collector of this extremely challenging series. We would not be shocked to see a RECORD realization for this coin when it crosses the block. Cert. Number 36086486 PCGS # 8627