Lot 1509
1864 $10 Liberty. EF-40. Another extremely rare coin in high grade. Philadelphia coined 3,530 as business strikes, virtually all of which disappeared. PCGS and NGC population reports show a combined 29 coins graded, but with crossovers and regrades it is likely that the actual number of coins is around 20 in existance. Breen estimated 12-15 in his Encyclopedia and that is apparently close to the truth. It is remarkable when one considers that over 99 percent of the original issue has been lost, melted or otherwise not available today. A few coins were probably saved by the coin collectors of the day, otherwise the entire mintage may have been lost. One obverse rim tick between the sixth and seventh stars will serve to identify this coin. Untoned on the obverse, the reverse with a splash of rust color along the upper right rim.
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| Realized $3,450 |
