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Obverse of 1848 Eagle     Reverse of 1848 Eagle


1848 TEN DOLLARS OR EAGLE

PCGS No: 8599

Mintage:

Circulation strikes: 145,484
Proofs: estimated 5

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.

Notes:
The finest Uncirculated example graded by PCGS is a single MS-64.

In August, 2004, NGC published a partial population report of gold coins recovered from the shipwrecked SS Republic.  Included were 39 1848 Eagles, ranging in grade from EF-40 to AU-58.

Significant examples:
"Proof" (illustrated above).  Ex - Pittman collection

Recent appearances:
PCGS MS-63.  Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", 11/2000, Lot 630, $19,550.00  From Stack's sale of the James A. Stack Collection, October 1994, Lot 1297; reoffered from Part III of the Bass Collection, May 2000, Lot 607

About Uncirculated.  Stack's "65th Anniversary Sale", 10/2000:1811, not plated, sold for $195.50

AU 50, Cleaned.  Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001:6041, $546.25

Choice EF.  Stack's "The University of Notre Dame Sale", 03/2001:1230, $345.00  Ex- Harry W. Bass Collection, Part II (Bowers&Merena, October 1999; lot 1328)

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