1874 $10 MS(PCGS#8669)

1874 $10 MS (PCGS#8669)

Spring 2025 Showcase Auction U.S. Coins

Lot Description: Exceptional in both production and preservation, this is one of the finest certified 1874 eagles that we have handled in the past several decades. The surfaces are incredibly lustrous and intensely frosted, remaining particularly pristine on the reverse. Vivid golden-wheat color with a tinge of pale pinkish-rose, a sharp strike further enhances the appeal of this highly attractive coin.<p>The 1874 is the first circulation strike eagle since 1861 to have a mintage in excess of 50,000 pieces. The Philadelphia Mint's relatively generous delivery of 53,160 eagles this year was achieved as part of the federal government's attempt to replace worn gold coins in expectation of gold and paper money achieving parity in the market (which did not happen until December 1878). While the 1874 is one of the more available eagles from the 1870s, Mint State survivors are rare. With solid Choice quality, our offering of this example is an important bidding opportunity for the advanced collector specializing in this challenging classic gold series.