1870-S $10 MS(PCGS#8659)

The Regency Auction 28

Auctioneer

Legend Rare Coin Auctions

Lot Number

602

Grade

AU55

Price

9,988

Lot Description

An extremely rare date in AU and finer, known by only a single Mint State coin, it is readily apparent that the entire mintage of 8,000 coins went directly into wild west commerce, where they would remain for many, many years; even the Mint State survivor, the Eliasberg-Bass coin is "only" a 61. Exceptional luster clings to the surfaces, especially on the reverse where a full, rolling cartwheel effect blooms all over. A few tiny lines and minor friction from its brief stay in commerce can be seen with a glass, but none are singularly distracting to the naked eye. PCGS 7, NGC 9. Just three coins are graded finer, two in AU58 and one in MS61. Tied with the Ellen D-Simpson Collection coin, there has not been a PCGS AU55 sold in auction since March 2009--just toss that record out the window. More recently an NGC AU55 sold for $14,100 in September 2016 auction. The current PCGS value is listed at $9,500, and we can see this PCGS Plate Coin selling for more. VERY RARE and a truly under appreciated issue in this long series. Good luck! Cert. Number 34483426 PCGS # 8659