Lot 1047
1881-O $10 Liberty. NGC graded MS-60. One of the very finest known of this date, which for some reason is just about impossible to find in full mint state. The NGC Population Report shows just 6 have been graded this high, with a dismal 2 coins graded higher. PCGS has only graded a single coin as MS-60, with none graded higher by that service. As would be expected for the grade, there are some handling marks in the fields, and hairlines too. Nevertheless, the luster is fresh and complete, and the strike is also sharp. Here is a great example in numismatics where waiting for a better coin is likely a fools game, there simply aren't any, unless some unknown collection turns up with one that's choice or better. Not a likely proposition after collectors like Norweb, Eliasberg and Bass have pretty much located any high end gold coin worth owning and disbursed their collections over the recent two decades. Hence, this is a premier opportunity for the date collector who wants the finest available, this MS-60 1881-O.
No one knows why this coin is so rare in mint state, although just 8,350 were struck, most obviously entered circulation long enough to receive wear. Not so here, so avail yourself of the opportunity this condition rarity presents.
Estimated Value $4,000 - 5,000.
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| Realized $6,325 |
