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1862-S $10 Liberty Head Eagle PCGS VF20 "Very Rare in All Grades"

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SKU
13083295

Even at its current price, this relic of the Civil War is underrated. Only 12,500 of this issue were struck at the San Francisco mint, and they saw heavy circulation due to a lack of collectors in the area to acquire mint state pieces. It has been estimated that only 60-80 of this issue exists today. That explains why over the years PCGS has graded a mere 63 of the 1862-S eagle, with the highest grade reaching only MS61. Of those there is only 1 in the collectible grade of VF20 (as of 8/2021). The refined numismatist who demands only the rarest pieces for his or her collection should closely examine this offering. Owning this dramatic artifact from the San Francisco mint will set you apart from the numismatic crowd.

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It is with pride that we at AUCM offer this gold rarity from the days of the Civil War: an 1862-S $10 Liberty eagle in PCGS VF20. David Akers writes, "the 1862-S is...a very rare coin in all grades. Known specimens are all well worn with VF being the typical available grade. A small number of EF specimens are known but they are very rare." There is only one graded as uncirculated by PCGS (MS61). This coin would be the perfect addition to a set of important gold coins. Or if you want one really great and extremely rare gold piece, this is the one for you!

Discussing the design found upon the Liberty Head eagle, numismatic scholar and art critic Cornelius Vermeule writes, "Gobrecht executed new designs (1838) for the $10 denomination in gold, a coin known as an eagle. The bust of Liberty with an inscribed coronet in her hair that graced the obverse was to remain on the gold coinage until 1908. The reverse differed little from the design in use since 1807 on the $5 gold piece save that the wings of the eagle spread from one edge of the coin to the other. Commenting upon the inspiration for Gobrecht's Liberty, Vermeule writes, "The motivation for this Roman head of Liberty stems from vast, varied neoclassicism of the Napoleonic era. Typical of the source is a small painting ... by Jacques-Louis David's contemporary Pierre-Narcisse Guérin, Phythagoras or The Earth is Round, painted about 1800. ... [On the painting it] is the diademed or coroneted, white-robed, seated female that should attract our attention, for she is related to the heads of Liberty on our 19th century gold ... coinage."

More Information
PCGS # 8636
Grading Service NONE
Year of Issue NONE
Grade NONE
Denom Type N/A
Numeric Denomination $10
Mint Location NONE
Designation NONE
Circ/UnCirc Not Specified
Strike Type N/A
Grade Add On NONE
Holder Type N/A

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