May 26-27, 2003, The Dr. Jacob Terner Collection, Sale 20
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U. S. Coins

U. S. Gold Coins

$10 Liberty/With Motto

Lot 945
1867. NGC graded AU-53. Boldly struck with mint luster still adhering to the protected areas around the devices. Free from serious marks or scratches worthy of note. A rare low mintage date that is seldom offered in grades about extremely fine. NGC reports only 3 in this grade with 8 higher, the highest grade being a MS-61.
Estimated Value $3,200-3,700.

Lot 946
1867-S. PCGS graded VF-25. A gold toned delight for this very rare date. Despite a mintage of 9,000 pieces, this date is scarcer than its Philadelphia brother of the same year. Only a handful have been graded.
Estimated Value $1,800-2,000.

Lot 947
1869-S. NGC graded AU-50. Although bold in areas, the stars are flat as are the upper curls on Liberty; nevertheless, plenty of mint luster is present, enough in fact to grade this coin a few points higher. The only contact mark worthy of note is on the reverse before the eagle's beak. With a mintage of 6430, this issue is usually seen only in lower grades and is prohibitively rare in extremely fine or better. Population of 4 with 16 higher, the highest being MS-61.
Estimated Value $4,800-5,200.

High Grade 1870-S $10.00

Lot 948
1870-S. NGC graded AU-55. This is a really pleasing example for the grade with clean surfaces, ample mint luster and a decent strike. Some minor friction and light handling marks and overall, quite well preserved. A very rare date as only 8000 business strikes were issued and is seldom encountered in grades above very fine. In the past decade, and we have handled several complete sets of $10s, the finest example we handled was a PCGS AU-50 from our Fairchild Family Trust sale, lot 1485. So don't expect to find a better one than this! Population of 6 in this grade with only 2 higher, all in AU-58.
Estimated Value $10,000-11,000.

Lot 949
1872. NGC graded AU-50. A meager 1,620 struck for circulation, of which perhaps 30 are known today. The protected areas retain hints of prooflike surface, the result of die polishing, as these dies were used to strike the few proof coins issued and never lost their die polishing during the small issuance of coins for circulation. Moderate handling marks, none too deep or annoying, and with a fairly clean cheek on Liberty. Breen, in 1988, estimated that only 10 to 12 were known. With the advent of third party grading, it appears that a few more are available, but this could be the result of multiple submissions of the same coins and besides, this is a very rare date indeed. Perfect for the collector who appreciates rarity, quality and value. Population of 4 with 7 higher.
Estimated Value $7,200-7,700.

Lot 950
1872-S. SEGS graded AU-55 * Old Light Scratches. A nice sharp strike and toned. Noted are some old scratches behind the head.
Estimated Value $1,000-1,100.

1874 $10 Liberty

Lot 951
1874. NGC graded MS-65. A soft, satiny yellow example with deep mint frost cavorting on both sides. Tied with two others as the finest graded by NGC. Similarly, PCGS reports only 3 MS-65 examples, raising the possibility of duplications within and between the two services. Considering that over 53,000 of these were made, that's a pretty startling situation. Thus, you have before you a great opportunity to add this condition-rarity to your collection. Color photo.
Estimated Value $35,000-40,000.

1874-S $10 Liberty

Lot 952
1874-S. NGC graded AU-55. Usually weakly struck, this example exhibits a decent strike with nice clean surfaces and a good allotment of mint luster. A date that is only offered when important collections come on the auction block. Much rarer than its mintage of 10,000 would indicate and is prohibitively rare above very fine, in fact, there are no known uncs. Population of 6 with 8 higher, the finest being in AU-58.
Estimated Value $8,000-8,500.

Lot 953
1874-S. PCGS graded EF-45. Green gold in color, with a nearly complete and uniform conversion of the mint luster to a satiny texture. Nice strike, moderate, even wear. No Mint State examples have been graded by PCGS and any example in Extremely Fine or better is highly desirable.
Estimated Value $2,300-2,600.

The Extremely Rare Key Date 1875 $10.00

Lot 954
1875. NGC graded Proof 50. A pleasing example that spent a short time in general circulation. Traces of proof-like surface can be seen about the protected areas of the obverse stars as well as around the raised devices on the reverse. Despite the obvious wear, this example is void of serious contact marks or scratches and the rims are just fine. Upon close examination, a case can be made that this is a regular issue and actually not a proof, nonetheless, this is the kingpin of the entire Liberty series as a mere 100 were struck for general circulation and 20 were issued as proofs. NGC reports only 6 proofs graded and ony 4 graded as non-proof. Color photo.
Estimated Value $45,000-50,000.

One of the Finest Known 1875-CC $10.00

Lot 955
1875-CC. PCGS graded AU-55. A well struck example in natural orange color gold with mint luster still evident about the protected areas. The rims and borders are nice and clean and the surfaces are void of serious nicks or scratches. An important coin in the $10.00 series and a major rarity in such high grade. Population of only 4 with 1 higher, that in AU-58. Color photo.
Estimated Value $22,000-26,000.

The Very Rare 1876 $10.00

Lot 956
1876. PCGS graded AU-55. Well struck with plenty of mint luster adhering about the protected areas of the devices. We note some light to moderate contact marks within the obverse fields and the rims are nice and clean. A major rarity in the series and this date boasts the second lowest mintage of the entire series as a mere 732 were struck, a mintage that includes 45 proofs. This example is tied as the Finest non-proof graded by PCGS. Population of only 3. Color photo.
Estimated Value $15,000-18,000.

Lot 957
1882-CC. NGC graded AU-58. Well struck and nicely toned. Fully original as the coin exhibits that "dirty" appearance, the result of sitting in an old bank vault for many years. One of the lower Carson City mintage issues and very rare in the upper grades. Population of 21 with 1 higher in MS-62.
Estimated Value $8,000-9,000.

Lot 958
1886-S. PCGS graded MS-63. Nice and frosty with full mint color.
Estimated Value $1,200-1,400.

Lot 959
1889-S. NGC graded MS-62. Nice mint bloom color.
Estimated Value $450-500.

Lot 960
1891-CC. ANACS graded MS-62. Nice and frosty throughout.
Estimated Value $700-800.

Beautiful Proof Deep Cameo 1893 Eagle

Lot 961
1893. PCGS graded Proof 64 Deep Cameo. Philadelphia coined only 55 Proof Eagles in 1893, this being one of the nicer survivors. Most likely one of the first produced, as the intensity of the frosting can only be found on the earliest strikes, before the dies began to self-polish. This one has a sunny, yellow-gold disposition and an impressive, two-tone cameo contrast, fully deserving of the Deep Cameo designation. Excellent surfaces, with just a few stray lines from handling. A rare and desirable example of this stunning rarity. Color photo.
Estimated Value $18,000-21,000.

Lot 962
1901-S. PCGS graded MS-65. Premium Quality. Magnificent, swirling, cartwheel luster dances around on both sides of this Gem. An intense orange toning adds to the visual appeal. Few MS-65's can match the tremendous "look" of this piece which is why we recommend a strong bid to make sure it doesn't "get away." A real dazzler. Color photo.
Estimated Value $2,500-3,000.

Lot 963
1901-S. MS-63. Nice, bright and frosty.
Estimated Value $475-525.

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