1916-S $10 MS(PCGS#8880)

Spring 2022 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

6385

Grade

MS64

Price

7,800

Lot Description

1916-S Indian Eagle. MS-64 (PCGS). Handsome deep honey-gold and pale rose surfaces are fully lustrous in a satin to softly frosted texture. Both sides are sharply struck with solid Choice Mint State quality. The 1916-S is the 10th scarcest of the 32 issues in the Indian eagle series. Although the recorded mintage of 138,500 pieces implies availability, this is only true through lower Uncirculated grades. Furthermore, this date suffered particularly from the massive melting of gold coins in 1937, and most of those known today returned from European banks in the most recent two generations. Near-Gem examples like the present piece are truly scarce, and PCGS has certified few finer through MS-67. PCGS Population: 55; 29 finer (MS-67 finest). PCGS# 8880. NGC ID: 28H7. Click here for certification details from PCGS.