1846 Liberty Head Eagle. MS-60 (PCGS). Offered is a highly significant Uncirculated 1846, an overlooked rarity in the early No Motto Liberty Head eagle series. Beautiful golden-orange color blankets surfaces that are satiny over the design elements, yet noticeably reflective in the fields. Sharply struck throughout with uncommonly strong eye appeal for the assigned grade, this coin ranks as one of our most significant Liberty Head eagle offerings of any issue in recent years.<p>David W. Akers description of the 1846 eagle in his analysis of auction records for ten-dollar eagles sums up the significance of this issue:<p><em> Like the 1845, the 1846 is a grossly underrated date in this most underrated U.S. coin series. It is not easy to locate an 1846 Eagle in any condition and almost all of the relatively few known specimens are only VF or EF. No uncirculated specimen has ever been auctioned and I have never seen one in that grade. In fact, I have seen only one that I graded AU. In my opinion, few other U.S. coins are as underrated and unappreciated for their true rarity as this one and most of those are also Liberty Head Eagles.</em><p>Although a few Mint State examples have surfaced since Akers penned those words in 1980 (along with six About Uncirculated coins from the treasure of the <em>S.S. Republic</em>), his comments about the underrated nature and overall rarity of this issue remain true. Current PCGS and NGC population data reports a combined total of just nine grading events for this issue in Mint State, a few of which are believed to represent resubmissions. Only two coins are ranked finer than this piece by PCGS.
