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Obverse of 1838 Eagle     Reverse of 1838 Eagle


1838 TEN DOLLARS OR EAGLE

PCGS Nos: 8575, 8770

Mintage:

Circulation strikes: 7,200
Proofs: estimated 4

Designer: Christian Gobrecht

Diameter: 26.8 millimeters

Metal content:
Gold - 90%
Other - 10% 

Weight: 258 grains (16.7 grams)

Edge: Reeded

Mintmark: None (for Philadelphia) below the eagle on the reverse

Images courtesy of David Akers Numismatics, Inc.

Ex - the John Jay Pittman collection

Notes:
The 1838 Eagle is a very scarce coin that has survived over a wide range of grades.  Extremely Fine and About Uncirculated examples are of almost equal rarity.  In Mint State, this date becomes extremely rare.  PCGS has graded 3 Mint State examples, the finest of which is a single MS-63.  NGC has graded 2 Mint State examples, the finest of which is a single MS-63.

In Proof condition, the 1838 Eagle is an extreme rarity.  PCGS has graded 2 examples, both Proof-65.  NGC has graded 1 example, a single Proof-65 Cameo.

Recent appearances:
NGC AU-58.  S.S. Republic (NGC 5055546-007)

NGC AU-58.  Ex- Judge Thomas Butt Collection - Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7704, illustrated, sold for $10,925.00

About Uncirculated.  Ex - Stacks' "ConWay Bolt" April 21, 1966, Lot 1205 - Stack's "The Marvin Taichert Collection of U.S. Type Coins", May 9, 2001, Lot 82, plated, sold for $6,325.00

AU-50 Scratched.  Ex- Bowers & Ruddy "Harold A. Blauvelt", February 1977, Lot 741 - Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7134, illustrated, not sold

EF/AU.  Ex- Stack's "The September Sale", September 12-13, 2000, Lot 1632, sold for $3,450.00

Sources and/or recommended reading:
"The PCGS Population Report, July 2003" by The Professional Coin Grading Service

"The NGC Census Report, April 2003" by the Numismatic Guaranty Corporation