1891-CC $10.00 PCGS MS63 CAC

Recently found in Europe and graded by PCGS at their Paris facility. It is not often that I purchase this date due to the fact that it is so common by the standards of Carson City eagles. But this is such a choice, high end and fresh 1891-CC eagle that I felt I had to add it to my current inventory. It is from the same little group of CC eagles that featured the 1883-CC and 1893-CC listed above and below and it merits special consideration for its dazzling frosty luster, rich natural golden-orange color and overall eye appeal. This piece is as well made as any Philadelphia or San Francisco eagle of this era with all details up and bold. The surfaces show just a few light, well-dispersed ticks and were it not for a small cluster of abrasions in the left obverse, it would receive strong consideration at the 64 level. The 1891-CC eagle is common in MS60 to MS62 but it is scarce in MS63 and rare above this. Given the fact that it is a "generic" issue in the CC eagle series, most advanced collectors are happy to have an example in MS63 in their set, especially as properly graded MS64's seem expensive at $15,000+ for a properly graded example.

1893-CC $10.00 PCGS AU55 CAC

Recently found in Europe and graded by PCGS at their Paris facility. The 1893-CC is numismatically significant as the final eagle produced at the Carson City mint. Only 14,000 were struck and it is way, way scarcer than any other of the CC eagles made during the 1890's. In fact, the 1893-CC is very rare in Uncirculated and properly graded AU55 to AU58 examples are rare. This choice piece has virtually no wear but it is slightly abraded in the fields from being transported loose in a bag. The color is very pleasing with deep green-gold highlighted by strong peripheral flashes of fiery reddish-gold; the obverse is a bit less deeply toned than the reverse. The surfaces are semi-prooflike and show no signs of having ever been brightened or "improved." Some marks in the left obverse field are all that keep this choice piece from an AU58 grade. A very nice coin and a really hard issue to find as original as this.

1883-CC $10.00 PCGS AU53

Recently found in Europe and graded by PCGS at their Paris facility. This totally original piece has attractive medium to deep orange-gold color with some deeper hues on the high spots. There is a good deal of underlying luster and the body of this coin is such that a grade of AU55 wouldn't be out of the question. There are a few scuffs in the fields on both sides with the most noticeable seen in the left obverse and the right reverse. The 1883-CC is the scarcest CC eagle produced after 1879. There were 12,000 struck and most survivors are well worn with VF-EF being typical for the date. The 1883-CC is often poorly produced with flatness at the centers and is almost never found with natural color. This example is notable for a great strike and the aforementioned natural color. In the last decade, only one PCGS AU53 has appeared at auction: Heritage 10/09: 1538 which sold for $2,760. A great value at less than $3,000!

1881-CC $10.00 PCGS AU58 CAC

A tremendously appealing "slider" example with fully original deep orange-gold and reddish color that is contrasted by some deeper hues on the relief details. This coin probably never saw circulation but it has light friction on the high spots from being transported overseas in a bag. That said, it is still more attractive than most CC eagles that I see in MS60 and MS61 holders. The 1881-CC is the most available Carson City eagle from the 1880's but it is still many times more scarce than the 1890-CC, 1891-CC and 1892-CC both in terms of overall and high grade rarity. Most of the nicer 1881-CC eagles that rare available have been found in overseas sources in the last decade or so. This date remains scarce in Uncirculated and very rare in properly graded MS62 and higher. The last PCGS AU58 to sell at auction was Heritage 1/11: 7092 which brought $3,738; the present example is far more original and far more appealing in my opinion.

1869 $10.00 PCGS EF45

Only 1,830 examples were struck and well under 100 are known in all grades. Despite the obvious rarity of this issue, the 1869 eagle remains an affordable coin in circulated grades and one which is, in my opinion, decidedly undervalued. This is a choice, wholesome example for the grade with rich orange-gold centers that are contrasted by blasts of natural purplish-red color on the obverse and, to a greater extent, on the reverse. There is some PL surface remaining on both sides and the detail is suggestive of an AU coin. Some handling marks in the fields can be seen but these tend to be shallow and do not detract from the overall attractiveness. Looking at auction records, nice EF examples of this issue are available at the rate of around once per year. I note considerable interest in coins like this as the market becomes more sophisticated and oriented towards overall rarity.

1871-CC $10.00 PCGS AU55

The 1871-CC eagle is an intriguing date. It is the second most available Carson City eagle from this decade (after the 1874-CC) but, like all the early issue gold and silver from this mint (i.e., pre-1875), it circulated very extensively in the Western states and, as a result, it is exceedingly rare in high grades. I am aware of just two Uncirculated 1871-CC eagles and it is a very rare coin in properly graded AU55 to AU58. This lustrous example is the first higher grade 1871-CC that I have seen in many years that is not overly bright from a recent dipping. It shows nice medium yellow-gold color with a slight reddish-orange tint as it is tilted towards the light. The surfaces show an acceptable number of marks for the grade with a few scuffs in the fields and two small reeding marks (from contact with another coin) on Liberty's neck. I think this coin is significantly nicer than Stack's-Bowers 2011 ANA: 7730 (graded AU58 by NGC and sold for $25,875) and it is the first PCGS AU55 to be available since Heritage 2007 ANA: 1975 which sold for $19,550 in a market which was far less appreciative of high quality CC eagles than the current one. There are a few auction records of over $25,000 for PCGS AU55's in 2006. A very important coin that will, no doubt, find a home in a very important collection of Liberty Head eagles.

1846 $10.00 NGC AU55

The pre- Civil War Liberty Head eagles from the Philadelphia mint are led by the 1844 and the 1858. The next scarcest issue is the 1846 which is a date that is not as well known as the these two. It is likely that not more than 100 are known and this date is usually seen very well worn with VF and EF coins being typical. The present example shows nice deep natural green-gold color with some fiery orange and reddish undertones. As always, the surfaces are abraded; this is an issue that seems to have been well-circulated and roughly handled. There are no overtly detracting marks and the eye appeal is far above-average for the date. There have been just eight AU55's sold at auction since 2000 and my best guess is that this represents just three or four distinct pieces. The 1846 eagle is just about unavailable finer than this.

1855-O $10.00 PCGS AU50

Despite a mintage of just 18,000 coins, the 1855-O eagle is an overlooked rarity that is scarce in all grades and genuinely rare in AU and better. This example has delightful natural green-gold color and great luster with nice surfaces. There are just a few small marks behind the neck and this is a very high end coin for the grade with the "body" of an AU53 to AU55. The stars are flat at the centers as on all known examples. I have not seen an original 1855-O eagle of this calibre in at least half a year, if not more. The last PCGS AU50 to sell at auction was Heritage 1/09: 5534 (which I purchased) and, before this, none was sold since the ANR 1/05 auction. The PCGS population figures for this date are very inflated by resubmissions and I'd venture a guess that this is one of the nicest pieces known in a PCGS AU50 holder!

1839/8 $10.00 PCGS AU53 CAC

Head of 1838, Large Letters reverse. There are two distinct types of eagles made in 1839. The first--and more available--is the Head of 1838 which has a mintage of 25,801. The second--and scarcer--is the Head of 1840 which has a mintage of 12,447. The 1839/8 Type of 1838 is reasonably scarce in all grades but it becomes very scarce in the mid to high AU grades and it is quite rare in Uncirculated. The present example has the luster and body of an AU55 to AU58 coin but it has been net graded as an AU53 due to some chatter in the fields. These marks are clearly visible but not overly detracting. The color of this coin is a nice natural light butter-gold hue and the strike is very sharp with the exception of the radial lines in the stars which, as on most 1839/8 eagles, are weakly impressed. The last auction trade for this variety in PCGS AU53 is Heritage 1/09: 5499 which brought $7,475. The current CAC census for this variety is just two in this grade and one approved higher. A great coin for the advanced collector of Liberty Head eagles.