1862 $10 MS (PCGS#8635)
Spring 2019 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 3087
- 等级
- XF40
- 价格
- 27,349
- 详细说明
- 1862 Liberty Head Eagle. EF-40 (NGC).
This is an inviting example with pretty honey-orange patina to both sides. Boldly defined overall with ample luster for the assigned grade. With just 10,960 circulation strikes produced, the 1862 mintage was a sharp reduction in output from the 113,164 pieces struck in 1861. This was due to the suspension of gold specie payments by many Northern banks late in 1861, a response to the increasing uncertainty over the outcome of the Civil War after a string of early Confederate successes on the battlefield. With little bullion reaching the Philadelphia Mint for coinage, production of new gold coins at that facility dwindled accordingly. This situation would continue through the mid 1870s with few exceptions. As the mintage would imply, the 1862 is a scarce issue in numismatic circles. Attractive examples are elusive irrespective of grade, and we expect keen bidder interest in this handsome EF.
PCGS# 8635. NGC ID: 2649.
Click here for certification details from NGC.
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