Lot 1529
1846/5-O $10 Liberty. PCGS graded AU-50. Catalogs in the Red Book for $4,500. Traces of original luster intermix with the light toning to give the coin a special "antique" quality, chiefly blemish-free surfaces of this near-perfect AU50 example. The topmost hair on Liberty complete as is the lovelock streaming down the neck, with similar strong detail on the eagle on the reverse.
At the time New Orleans struck this $10 gold piece, across the Louisiana border in Texas, the U.S. army led by General (later President) Zachary Taylor had its troops encamped in Corpus Christi, Texas as an "Army of Occupation" according to the New Orleans Picayune newspaper for January 15, 1846. This was during the U.S.-Mexican War that year. Pop 10; 10 finer (PCGS # 8596) .
Estimated Value $3,500 - 3,800.
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