1871-S $10 MS(PCGS#8662)

1871-S $10 MS (PCGS#8662)

August 2023 Global Showcase Auction U.S. Coins

Auctioneer
Stack's Bowers
Lot Number
1232
Grade
AU50
Price
5,760
Lot Description
1871-S Liberty Head Eagle. AU-50 (PCGS). This extraordinary 1871-S is noticeably lustrous with subtle semi-reflectivity on an otherwise frosty finish. Beautiful honey-rose color is seen throughout with a bold to sharp strike and outstanding eye appeal. Relatively generous by the standards of the era, a mintage of 16,500 coins belies the true rarity of the 1871-S. Attrition through circulation was high and, like many San Francisco Mint eagles from the Civil War and Reconstruction eras, the 1871-S is unknown in Mint State. Of the 100 or so coins believed extant (per PCGS CoinFacts), well worn or impaired examples are the norm. As one of few AU-50s certified, the offered coin from the extensive Fairmont holdings is tied for CC#5 for the issue. It is an extremely important offering sure to appeal to astute bidders. Provenance: From the Fairmont Collection - Rhone Set. PCGS Population: 9; 19 finer (AU-58 finest). There are also no Mint State examples listed at NGC. PCGS# 8662. NGC ID: 264Y. Click here for certification details from PCGS.
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