1843-O $10 MS(PCGS#8589)

The Summer 2022 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

3234

Grade

AU58

Price

10,800

Lot Description

Superior Near-Mint State 1843-O $10 Gold 1843-O Liberty Head Eagle. Winter-2. AU-58 (PCGS). Among the finest 1843-O eagles that we can ever recall handling, this lovely Choice About Uncirculated example from the Fairmont Collection is destined for an advanced gold cabinet. A vivid example, both sides are drenched in deep olive and warmer reddish-orange colors. The luster is satiny to softly frosted and the fields are faintly semi-reflective. Sharply struck, and impressively so for an early New Orleans Mint issue. The lack of all but a few singularly noticeable marks further enhances this coin's appeal. After only the 1847-O, the 1843-O is the most available New Orleans Mint ten from the 1840s. Like many of the early eagle issues, however, very few examples were saved at the time, this despite the fairly significant mintage of 175,162 pieces. A small group of 1843-O eagles were found in a Louisiana plantation in 1974, but all are impaired. Very few examples have surfaced through repatriations from foreign bank hoards, with the result that this issue is a significant rarity in the finer circulated and all Mint State grades. For both the issue and the assigned grade, the offered coin would be very difficult to improve upon. Provenance: From the Fairmont Collection - JBR Set. PCGS Population: 17; 8 finer (MS-63 finest). PCGS# 8589. NGC ID: 262R. 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.