Remarkable Mint State 1872 Liberty $10
Tied for Finest Certified at PCGS and NGC
1872 Liberty Head Eagle. MS-64 (NGC).
Presenting an incredible bidding opportunity for rare date gold enthusiasts. A newcomer to the market, this is a legendary and incredibly rare 1872 eagle in lovely Choice Mint State preservation. Upon first impression, the abundant mint luster and razor sharp detail are the first to be recognized. Featuring a semi-PL quality and a slight cameo contrast, the devices are boldly frosted while the fields show a backing of semi-reflectivity. The strike is exceptional, with razor sharp denticles and overall bold definition to every element. An attractive blend of lovely orange-apricot color evenly blankets both the obverse and reverse to support wholesome originality. No distracting blemishes to note on this thoroughly PQ example. At the offered MS-64 grade level, none are known in higher grades across all major third party grading services. The 1872 is one of the most elusive of all Liberty Head eagles, a series replete with scarce and rare circulation strike issues. Virtually all Philadelphia Mint issues of the 1870s have very low mintages and few have survived. The reason for the limited production is that gold specie payments, which Eastern banks suspended in December 1861 due to the economic uncertainty of the Civil War, did not resume until gold achieved parity with paper currency on December 17, 1878. The Philadelphia Mint struck just 1,620 circulation strike eagles in 1872 and survivors are seldom encountered at any level of preservation. PCGS CoinFacts estimates fewer than 50 examples survive in all grades, the vast majority of which are in grades of AU-50 and lower. It is significant that the National Numismatic Collection in the Smithsonian Institution does not include a circulation strike 1872 eagle, nor did the famous collections of Norweb, Garrett, or Eliasberg. The coin we offer here is a rarity par excellence among Liberty Head eagles, a numismatic legend whose inclusion therein will confirm the importance of any collection.
PCGS# 8663. NGC ID: 264Z.
NGC Census: 1; 0 finer. The corresponding PCGS Population is also 1/0.