Goldberg Coins and Collectibles



Sale 44

Pre-Long Beach Coin and Currency Auction


$10 Gold Capped Bust
 
 
Lot Photo Description Realized
Lot 2532
1926 $10 Indian. PCGS graded MS-63. Housed in an old green holder. Light golden toning. With flattering mint luster and a minimum number of wispy abrasions, this delicately toned coin is every bit the MS63 (PCGS # 8882) .
Estimated Value $1,250 - 1,300.
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Realized
$1,553
Lot 2533
1926 $10 Indian. NCI MS-63/63. Our grade is MS-62. Attractive golden to pinkish gold color.
Estimated Value $650 - 675.
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Realized
$949
Lot 2534
1930-S $10 Indian. PCGS graded MS-64 CAC Verified. Rich shades of golden toning. Popular scarce date. A well-liked key with the Indian Eagle series, the 1930-S is the only $10 gold delivery of the 1927-1931 years. These tend to be even scarcer than the limited original mintage of 96,000 coins might suggest. The issue is believed to have been melted extensively by the government. Most that have survived grade Mint State. It is always a pleasure for us when bidders have the opportunity to compete for a 1930-S Eagle in one of our sales. The fact that this coin is a vibrant looking MS64 only enhances the experience. Both sides glow their dominant reddish-gold hues. Precision minting is seen on all the key design features, as is flowing luster that bathes the high points with no diminishment in its brilliance. There are hardly any abrasions, either, and the eye skips along across the surface in a way that delights the aesthetic sense of beauty. We are sure that this will have no trouble serving as a focus in an advanced collection of 20th century gold Eagles. Pop 38; 19 finer; 15 in 65; 3 in 66; 1 in 67. (PCGS # 8883) .
Estimated Value $45,000 - 50,000.
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Realized
$55,200
Lot 2535
1932 $10 Indian. NGC graded MS-64. Mostly untoned. A small mark in the hair above the eye. Lustrous surfaces (PCGS # 8884) .
Estimated Value $1,700 - 1,800.
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Realized
$2,300
Lot 2536
1932 $10 Indian. PCGS graded MS-63. Light golden toning with a few minor obverse bag marks (PCGS # 8884) .
Estimated Value $1,150 - 1,200.
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Realized
$1,553
Lot 2537
1850 $20 Liberty. PCGS graded MS-62 PQ. A lovely well struck example. Beautiful golden color with easy claims to a higher grade. A few minor marks on Liberty's chin.

The discoveries of gold in California caused an inordinate increase in gold bullion coming to the Mints for coinage. Authorities realized that transactions payable in gold should be made in more compact form than half eagles, the most favored size gold coin up to that time. Rep. James Iver McKay (Democrat from North Carolina) was persuaded to introduce an amendment to his Gold Dollar bill, February 1849, which would authorize coinage also of $20 denomination, to be called Double Eagles. These were to weigh 516 grains = 33.436 grams.900 Fine, a little over a troy ounce each, and be roughly comparable in value to several Latin American denominations.

About Jan. 26, 1850, the first production coins appeared. Many were saved as first of their kind; other mint state specimens came from the Baltimore hoard, mostly thoroughly bagmarked regrettably. Pop 22; 8 finer, 7 in 63, 1 in 64 (PCGS # 8902) .
Estimated Value $25,000 - 28,000.
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Realized
$32,200



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