SOLD – $10.00 – 1869 PCGS EF45

1869_10_P451.jpg
1869_10_P451.jpg
sold out

SOLD – $10.00 – 1869 PCGS EF45

4,950.00

Serial Number 8655.45/25691594

PCGS Lookup Number 8655

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Only 1,830 business strikes were made giving the 1869 eagle the eight lowest mintage figure for all Liberty Head issues of this design. There are around 50-60 known with most in the VF-EF range. This date is rare in AU and exceedingly rare in Uncirculated with only two known: a PCGS MS60 and another in MS62.

As with most EF examples of this date, this piece shows a number of abrasions on the surfaces but only one at Liberty’s neck and another between stars eight and nine merit mention. There is a good deal of luster on both sides and the detail is suggestive of a higher grade.

The most recent APR for a PCGS EF45 is $5,288 for Heritage 1/14: 6887. Another PCGS EF45 sold for $4,744 as Heritage 1/12: 6504.

In my opinion, this represents extremely good value at less than $5,000 and I regard the 1869 as one of the more undervalued With Motto Liberty Head eagles at current levels.