Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Liberty Eagles
1871-CC $10 AU58 NGC. Variety 1-A. During the 1860s and early 1870s, none of the mints issued large quantities of gold eagles -- a direct result of specie payments having been suspended at the outbreak of the Civil War in 1861 (Double eagles were coined in quantity but primarily for the foreign trade). Domestic circulation of gold was virtually nonexistent in Eastern regions where paper "greenbacks" were abundant, but in the Nevada Territory, more or less cut off from the economic situation of the Eastern United States and engulfed in the mining of the Comstock Lode, gold circulated extensively, and attrition rates were high.
The 1871-CC ten survives today in numbers not exceeding about 100 coins, by most estimates. Mint State pieces are extremely rare and none are high-grade. This near-Mint coin displays sharp detail and bright, reflective yellow-gold fields. Scattered abrasions contribute to the grade. Census: 10 in 58, 2 finer (10/16).
From The Soluna Collection.
1871-CC $10 AU58 NGC. Variety 1-A. During the 1860s and early 1870s, none of the mints issued large quantities of gold eagles -- a direct result of specie payments having been suspended at the outbreak of the Civil War in 1861 (Double eagles were coined in quantity but primarily for the foreign trade). Domestic circulation of gold was virtually nonexistent in Eastern regions where paper "greenbacks" were abundant, but in the Nevada Territory, more or less cut off from the economic situation of the Eastern United States and engulfed in the mining of the Comstock Lode, gold circulated extensively, and attrition rates were high.
The 1871-CC ten survives today in numbers not exceeding about 100 coins, by most estimates. Mint State pieces are extremely rare and none are high-grade. This near-Mint coin displays sharp detail and bright, reflective yellow-gold fields. Scattered abrasions contribute to the grade. Census: 10 in 58, 2 finer (10/16).
From The Soluna Collection.