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The Certified $10 Gold Liberty 1886-S MS62 coin, authenticated and graded by the Numismatic Guaranty Corporation (NGC), represents a significant piece of American numismatic history. This coin is part of the $10 Liberty gold series, which played a crucial role in the nation's economy during the late 19th and early 20th centuries.
The $10 Liberty gold coin, also known as the Coronet eagle, was first introduced in 1838. Designed by Christian Gobrecht, the obverse of the coin features a portrayal of Lady Liberty wearing a coronet inscribed with the word "LIBERTY," while the reverse showcases a majestic eagle with outstretched wings, clutching arrows and an olive branch. The design remained relatively consistent throughout the series, with minor modifications made over the years.
The year 1886 saw the production of $10 Liberty gold coins at various U.S. Mint facilities, including the San Francisco Mint (mintmark "S"), where the Certified $10 Gold Liberty 1886-S MS62 coin was struck. The San Francisco Mint, established in 1854 to serve the booming Gold Rush economy of California, played a significant role in minting gold coins from the abundant gold deposits found in the region.
Historical records indicate that the mintage figures for $10 Liberty gold coins varied from year to year and from mint to mint. While exact mintage figures for the 1886-S issue may vary, production levels were influenced by factors such as demand for gold coinage, fluctuations in the price of gold, and the availability of bullion.
The Certified $10 Gold Liberty 1886-S MS62 coin has been authenticated and graded by NGC, one of the premier third-party grading services in the numismatic industry. The assigned grade of MS62 indicates that the coin is in uncirculated condition with some minor imperfections.
In MS (Mint State) condition, the coin exhibits full mint luster and has no wear from circulation. However, it may display some contact marks, surface abrasions, or other minor flaws consistent with handling and storage over time. Despite these imperfections, the coin retains its overall originality and eye appeal.
Each Certified $10 Gold Liberty 1886-S MS62 coin is encapsulated in a secure holder provided by NGC, ensuring its protection and preservation. The encapsulation also includes important information such as the coin's certification number, grade, and variety, if applicable.
Collectors and investors interested in acquiring the Certified $10 Gold Liberty 1886-S MS62 coin have the opportunity to add a piece of American history to their collection or investment portfolio. Whether displayed as part of a coin collection or held as a tangible asset, this coin serves as a tangible reminder of the rich heritage and enduring legacy of U.S. coinage.