1893 $10 MS65 Certification #48083015, PCGS #8725

CoinFacts Details

Owner's Comments

GEM “This is a condition rarity, one of only 11 this grade by PCGS with only 3 graded higher (MS65+). The PCGS Collector's Universe Price was $8,250 at the time of purchase.” This is currently my highest grade gold coin. Purchased on eBay from North Bay Rare Coin in Saint Helena, California. The exact same Coin in this holder had been auctioned twice in 2024, once by Stack's for $6000 and another time for $5450 by Heritage Auctions. A sister 1893 Ten Dollar Gold also in MS-65 sold the same day at Heritage for $7200.

Expert Comments

Ron Guth

The 1893 $10 has the dubious distinction of having the largest PCGS-certified population of any date in the entire 10 Liberty series (although the 1894 $10 is almost as plentiful). This was one of the dates exported in large quantities to European central banks by the United States government decades ago. Dealers began re-importing them back into America beginning in the late 1970's and 1980s, and the supply has been seemingly inexhaustible.

One might expect a large number of Gems from such a large population, but such is not the case. Rather, the overall quality of this date is generally poor, with the vast majority of survivors appearing in MS61 and MS62, suggesting excessive handling and movement of the bags in which the coins were stored. Thus, out of a population of over 17,000 PCGS-certified Mint State examples, only four have earned the MS65 grade

PCGS #

8725

Designer

Christian Gobrecht

Edge

Reeded

Diameter

26.80 millimeters

Weight

16.70 grams

Mintage

1840840

Metal

90% Gold, 10% Copper

Pop Higher

Pop Lower

27817

Region

The United States of America

Price Guide

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	40000	R-2.6	112 / 117 TIE	178 / 183 TIE
All Grades	29250	R-2.7	93 / 117 TIE	146 / 183 TIE
60 or Better	6	R-9.7	26 / 117 TIE	35 / 183 TIE

Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
65 or Better	40000
All Grades	29250
60 or Better	6

Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
65 or Better	R-2.6
All Grades	R-2.7
60 or Better	R-9.7

Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
65 or Better	112 / 117 TIE
All Grades	93 / 117 TIE
60 or Better	26 / 117 TIE

Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	178 / 183 TIE
All Grades	146 / 183 TIE
60 or Better	35 / 183 TIE

Condition Census Learn More

Pos	Grade	Pedigree and History
1	MS65+ PCGS grade	David Hall Collection - Bob R. Simpson Collection
1	MS65 PCGS grade	Heritage 2/2012:4952, $9,775
1	MS65 PCGS grade	Heritage 5/2012:5153, $7,475
1	MS65 PCGS grade
1	MS65 PCGS grade

#1 MS65+ PCGS grade

David Hall Collection - Bob R. Simpson Collection

#1 MS65 PCGS grade

Heritage 2/2012:4952, $9,775

#1 MS65 PCGS grade

Heritage 5/2012:5153, $7,475

#1 MS65 PCGS grade