SOLD – $10.00 – 1840 NGC AU58

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SOLD – $10.00 – 1840 NGC AU58


Serial Number 2057359-001

PCGS Lookup Number 8581

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The 1840 is the first year in which the new Small Letters reverse was used exclusively to produce ten dollar gold pieces. It is a reasonably easy date to find in VF and EF grades but nice About Uncirculated coins are scarce and this date is very rare in Uncirculated.

This fresh-to-the-market example was recently brought back from an overseas source but it doesn’t show the dramatic “smudgy” appearance which certain coins from these hoards show. There is no real wear present and much luster remains but there is bag friction on the high spots and handling marks in the fields. The obverse and reverse show similar deep yellow-gold color which strongly suggests this piece has never been cleaned or brightened.

The only NGC AU58 1840 eagle to sell at auction since late 2011 realized $3,819 as Heritage 10/14: 4342 and it was bright, baggy and lacking in character.

A decidedly above-average example for the issue and one of the most original 1840 eagles that I have handled.