1864-S $10 MS (PCGS#8640)
Spring 2022 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 5276
- 等级
- F15
- 价格
- 382,075
- 详细说明
- Exceedingly Rare 1864-S Eagle
1864-S Liberty Head Eagle. Fine-15 (PCGS). CAC.
This lovely 1864-S eagle is attractively original and displays pinkish-honey color. The surfaces are incredibly smooth for a San Francisco Mint gold coin from the Civil War era that saw this extensive circulation, a few light marks in the upper left obverse field notwithstanding. The texture is soft, satiny and, remarkably, reveals the faintest traces of luster in the fields. Well defined for the grade, the rims are distinct and all major design elements are boldly outlined and fully appreciable.
In a series replete with rarities, the 1864-S stands out as one of the most elusive and most underrated Liberty Head eagles. After only the fabled 1875, this is the rarest circulation strike issue of the type. The San Francisco Mint struck only 2,500 eagles in 1864, a time when gold coins circulated extensively on the West Coast. This is in sharp contrast to the situation in the East and Midwest, where gold coins had been withdrawn from circulation in late 1861 and continued to be hoarded throughout the Civil War and much of the Reconstruction era. With no numismatic activity on the West Coast at the time, and no interest in mintmarked United States coinage in general, it is little wonder that not a single Mint State 1864-S has survived to the present day. Even the single example in the National Numismatic Collection at the Smithsonian Institution is a Choice EF. Among those examples in private hands -- only 25 to 30 coins -- at least half grade no finer than Choice VF. While it is certainly among the more circulated survivors, the Fairmont specimen offered here is still far superior to the typical 1864-S eagle, which in addition to being well worn is also heavily marked, if not impaired. With undeniable originality and exceptional eye appeal, here is a significant offering for advanced collectors of Liberty Head gold or early date San Francisco Mint coinage.
Provenance: From the Fairmont Collection-Hendricks Set.
CAC Population: 9 in all grades.
PCGS# 8640. NGC ID: 264E.
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