Lot 1674
1890 $10 Liberty. PCGS graded MS-64. PCGS number 05981731. Well struck and choice for the grade. Low mintage of 58,043 combines with the extremely low PCGS census to rank this a "must buy" for any serious numismatist or date collector of $10 gold pieces. Why the low mintage? Gold panic enveloped the London money markets in 1890 when a large banking house by the name of Barings defaulted on payments. Hoarding of gold spread to the American continent and impacted the East Coast money centers mainly (while Out West, things were enjoying their normal robust routine). It is almost unheard of to find this date in other than heavily bagmarked condition. Double Eagles of 1890, too, at least those struck at Philadelphia, are also very scarce in choice Mint State condition. Which is why we highlight the coin's rarity here and call your attention to this handsome MS64 specimen! Pop 1; 1 in 65 (PCGS # 8717) .
Estimated Value $6,000 - 6,500.
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| Realized $6,900 |
