1865-S $10 865/Inverted 186 MS(PCGS#8643)

Summer 2026 Global Showcase Auction U.S. Coins

Commissaire-priseur

Stack's Bowers

Numéro du lot

5409

Grade

XF45

Prix

8 845

Description du lot

This example of a popular and dramatic repunched date variety delivers uncommon quality for an 1860s San Francisco Mint gold coin. Warm honey-gold color blankets surfaces that also exhibit subtle olive undertones. Lustrous for the grade with evidence of a softly frosted finish. The detail is also bold for the assigned grade, and the underdigits are readily evident when the date area is examined with a loupe.<p>The 865/Inverted 186 eagle was created when the engraver inadvertently punched the logotype with the first three digits in the date into die upside down. The error was recognized and corrected with a second entry of the digits in the proper orientation, but ample evidence of the initial blunder remained. This is actually the more often seen variety of the 1865-S eagle, but its popularity ensures that numismatic demand far outstrips supply. The 865/Inverted 186 is actually rare in its own right with <em>PCGS CoinFacts</em> estimating that only 40 to 60 coins are extant in all grades.