Lot 4076
1874. PCGS graded MS-65. One of the finest graded by PCGS, in fact only 2 have been graded this high! NGC has only graded one coin this high, neither service has graded any higher, of course. 1874 was an interesting year, mintages gasped up to 53,140 from much lower numbers the previous few years. The American economy had been hammered in 1873 and was barely recovering. Precious few people could afford to save an amount like $10, for any reason. Thus, few eagles were saved. and only 30 so exist in any grade that can be called mint state. Even in high circulated grades this coin is rare. Breen notes that as a date, 1874 is "Extremely rare above EF" in his wonderful Encyclopedia.
This coin has delightful golden toning and the surfaces are superb, free of all but the most minute bagmarks on the obverse, while the reverse has a few others. There is one minor tick above the eagle's head. Don't expect quality like to come at a bargain price, it never has and probably never will. Boldly struck and one of the two or three finest of this date to survive.
Estimated Value $30,000-UP.
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