Lot 3770
1857 $10 Liberty. PCGS graded EF-45. Mounted in a PCGS Prestige holder with the Breen notation on the insert, we note that the surfaces are typical for the grade, with broken luster in the fields and moderate handling marks on both sides. The all important "overdate" feature is plain with a glass, and a minute ridge can be seen connecting the upper loop of the 5 to the lower serif of the 7, which hopefully will show up in our micro enlargement. Noted to be "Extremely Rare" in Breen, and certainly the first we've seen. First reported in Lester Merkin's 3/69 sale, lot 432 although it was not noted as an overdate. Breen apparently examined the coin prior to the sale and apparently did not catalog it. Quite possibly the same coin, as this is a scarce date in EF grades, and this overdate is certainly rare when compared with a generic 1857 eagle. There is also die lines dangling down from the upper crossbar of the 7 in the date, and while we're not certain that this is an overdate, it certainly has the same diagnostics of the variety mentioned by Breen in his Encyclopedia. Worth some research.
Estimated Value $750-UP.
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| Realized $2,530 |
