Oct. 1, Stack’s Bowers Galleries and Sotheby’s held a Rarities Auction
consisting of 135 lots of coins and other numismatic items that
totaled $2,993,230. Gold coins led the sale, but another highlight was
a classic bronze United States Diplomatic Medal by Augustin Dupré from
the Cardinal Educational Foundation Collection that realized $188,000.
After the sale Stack’s Bowers president Brian Kendrella said, “The
Pogue Collection sale the prior evening brought in some new faces, who
also participated in the Rarities Auction, and we were thrilled to
1839/8 Coronet, Old Portrait, Large Letters, gold $10 eagle, AU-55
In 1839 two obverse types of Coronet gold $10 eagles were
produced. One featured the head that was used in 1838 and on some 1839
$10 eagles, and the other utilized the familiar positioning that was
used on later issues.
More often called the “Type of 1838,” the first issues were struck
with the head placed to the right of the date, the date appearing
below the left side of the portrait. On later issues, the bust was
centered over the date. Using the term Large Letters versus Small
Letters to characterize the old and new portraits is a bit of a
misnomer, since the letters LIBERTY on the obverse are nearly the same
size on both types.
It’s considered an advanced type for a type set, as it does look
visually different, and examples in Mint State are rare, making About
Uncirculated survivors coveted. A PCGS AU-55 1839/8 Coronet, Type of
1838 eagle sold for $9,400 at the Oct. 1 auction.