Lot 4715
1839 $10 Liberty. Large letters Head of 38. NGC graded AU-58. Only 25,801 minted. A popular type coin. This early date has wonderful old-time gold patina and surfaces that, while not perfect, are much choicer than average. Luster resides in the protected areas. Beauty and bold relief stand out without the least fear of doubt. Christian Gobrecht redesigned the $10 denomination gold piece in 1838 after a hiatus of several decades when none were minted. His first design is called the Large Letters Type and has swept back hair over Liberty's ear unique to this time period. In mid-1839, the engraver modified the size of the letters on the reverse and, at the same time, refashioned Liberty's hair. Pop 34; 10 finer, 4 in 60, 4 in 61, 1 in 62, 1 in 64.
For collectors who would like to learn more about Gobrecht's revolutionary $10 design, the most comprehensive background to the 1838-39 type is given in Breen's 1988 Encyclopedia.
Estimated Value $12,000 - 13,000.
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| Realized $12,075 |
