Previous Date | Next Date | Liberty Head (No Motto) Eagles by Date | Eagles by Type


1842-O TEN DOLLARS OR EAGLE

PCGS No: 8587

Mintage:

Circulation strikes: 27,400
Proofs: 0

Designer: Christian Gobrecht

Diameter: 26.8 millimeters

Metal content:
Gold - 90%
Other - 10% 

Weight: 258 grains (16.7 grams)

Edge: Reeded

Mintmark: "O" (for New Orleans) below the eagle on the reverse

Notes:
The 1842-O Eagle is scarce, but not as hard to find as it's mintage might suggest.  Most examples are found in circulated condition. 
The grade seen most frequently is EF-45.  The 1842-O Eagle becomes elusive in About Uncirculated and exceedingly rare in Mint State.

PCGS has graded only one Mint State 1842-O Eagle, a single MS-63!  NGC has graded three Mint State 1842-O Eagles, the finest of which is a single MS-62.

In August, 2004, NGC published a partial population report of gold coins recovered from the shipwrecked SS Republic.  Included were 17 1842-O Eagles, ranging in grade from EF-40 to MS-61.

Recent appearances:
NGC AU-58.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1470, illustrated, sold for $5,750.00

Net AU-55 Prooflike.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 595, illustrated, sold for $4,830.00  From the Bowers and Merena sale of the Stanislaw Hertsal Collection, February 1974, Lot 777

AU-50.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 596, illustrated, sold for $1,380.00  Purchased from the Goliad Corporation, January 26, 1973

PCGS AU-50.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1471, illustrated, sold for $1,725.00

EF-45.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 597, not illustrated, sold for $632.50  Purchased from Lester Merkin, January 22, 1967

NGC EF-40.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 1030, sold for $391.00

ANACS Net EF-40, AU Details, Cleaned.  Ex - Heritage Numismatic Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May 31-June 2, 2001, Lot 9065, "Repunched date", not plated, unsold

Very Fine.  Ex - Stack's "The University of Notre Dame Sale", March 20-21, 2001, Lot 1227, not plated, sold for $373.00

Sources and/or recommended reading:
"The PCGS Population Report, July 2004" by The Professional Coin Grading Service

"The NGC Census Report", August 13, 2004, www.ngcoin.com