-40%

1860 , NO MOTTO, LIBERTY HEAD GOLD EAGLE, PCGS/OGH XF40, SCARCE/RARE

$ 1166.87

Availability: 100 in stock
  • Certification: PCGS
  • Grade: XF 40
  • Composition: Gold
  • Year: 1860
  • Denomination:
  • Time Period Manufactured: Pre-1933
  • All returns accepted: ReturnsNotAccepted
  • Certification Number: 5359523
  • Strike Type: Business
  • Mint Location: Philadelphia
  • Country/Region of Manufacture: United States
  • Modified Item: No
  • Circulated/Uncirculated: Circulated

    Description

    1860 No Motto, Liberty Head Gold Eagle
    PCGS/OGH XF40
    Q. David Bowers in his "The Official Red Book - A Guide Book Of Gold Eagle Coins" - Key to collecting section for the 1860 Gold Eagle states, "EF and AU are the grades usually seen for Philadelphia eagles of this era."
    David Akers "United States Gold Coins - An Analysis Of Auction Records - Volume V - Eagles 1795-1933" comments, "The 1860 is similar in overall rarity to the 1840, 1841, both varieties of 1842 and the 1843 among earlier issues, and the 1851, 1854, 1857 and 1859 among later issues. This means, of course, that it is very rare in any condition. Known specimens are largely spread between the VF and EF grades although there are a small number of AU's and a very few uncirculated specimens known as well." (It should be noted that this was published prior to the
    S.S. Republic
    discovery which added 9 relatively high grade coins to the known population.) Akers average grade at the time (1980) was VF-36.
    Light "chatter" is seen on this coin commensurate with the grade, although no deep detracting contact marks are noted.
    PCGS/NGC graded population 275 (including resubmissions), PCGS suggests that 142 coins exist in all grades.
    Mintage 15,055
    Will ship via USPS Priority Mail Express, signature required.