1854-S $10 MS(PCGS#8615)

Spring 2022 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

3160

Grade

MS60

Price

19,200

Lot Description

Exceedingly Rare Mint State 1854-S Eagle Historic First Year San Francisco Mint Issue 1854-S Liberty Head Eagle. MS-60 (PCGS). An impressive Condition Census example with overall medium gold color and subtle pale rose tinting. It is sharply defined across all elements with 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. It would not be until 1879 that a U.S. Mint would once again strike a larger quantity of eagles, and, as a result, the 1854-S issue remains relatively available overall in today's market. However, Uncirculated example are incredibly rare, as the vast majority of this mintage was subject to extensive circulation through the American West. PCGS and NGC have a combined population of just 16 Mint State examples topping out at MS-62+, those figures being undoubtedly inflated by resubmissions. PCGS CoinFactssuggests that as few as four distinct Mint State examples remain, emphasizing the significance of the present piece. PCGS Population: 1; 5 finer (MS-62+ finest). PCGS# 8615. NGC ID: 263K. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.