1854-S $10 MS(PCGS#8615)

1854-S $10 MS (PCGS#8615)

February 2025 Showcase Auction - U.S. Coins

Auctioneer
Stack's Bowers
Lot Number
2109
Grade
AU55
Price
4,800
Lot Description
An impressive Choice AU example with overall light honey-gold color and soft apricot tinting. It is sharply defined across all elements with nearly full, softly frosted luster. 1854 represents the first year of eagle production at the San Francisco Mint, where a sizable quantity of 123,826 coins was struck. As a result, the 1854-S remains relatively available overall in today's market. However, Uncirculated examples are incredibly rare, as the vast majority of this mintage was subject to extensive circulation through the American West. A more realistic goal for many collectors, therefore would be to focus on the Choice AU grade level. Such pieces are scarce in their own right, however, and few can match the originality and quality of the offered coin from the Fairmont holdings.
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