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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5936

Starting price: 1 USD
Price realized: 10 500 USD
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Liberty Eagles
1859-S $10 AU50 NGC. By 1859, the focus of ore mining had shifted from the gold fields of California to the Comstock Lode on the other side of the Sierra Nevada Mountains. Large denomination gold coinage at the San Francisco Mint was primarily of double eagles (still the preferred denomination for banking purposes in that region), leaving ten dollar gold pieces with disproportionately paltry mintages by comparison. The 1859-S eagle was struck to the tune of only 7,000 pieces and experienced heavy circulation due to a lack of collectors in the region to save high-grade examples. Fewer than 60 representatives are known today, mostly in middle circulated grades. The date is rare in AU, and the only Mint State piece certified grades just MS60 at NGC. The Smithsonian coin grades XF45, per Garrett and Guth.
This About Uncirculated representative offers smooth orange-gold fields with bits of grime still clinging to the edges of the stars and the interior of the shield. The strike is sharp, and little high-point wear is seen. A few marks on Liberty's portrait are consistent with the issue and grade. Census: 5 in 50, 12 finer (10/16).
From The Soluna Collection.
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