1901-S $10 Liberty Head Eagle, PCGS MS65

David Hall writes of this issue, "The 1901-S is the most common $10 Liberty. Some experts feel as many as 200,000 still exist...and I agree with that estimate. Interestingly, about 90% of the survivors are uncirculated. These coins apparently didn't circulate much and were probably used for international banking and trade transactions as most of the survivors came from Swiss banks in the 1960s and 1970s when Swiss banks were the bullion traders and market-makers for the world. And that's what this coin was considered to be at the time...a bullion coin. Remember, at the time there were no American Gold Eagles, Canadian Maple Leafs, Chinese gold Pandas, or any of the other contemporary World bullion coin issues." This is an absolutely stunning piece, one that would make a collector proud to have among his or her numismatic holdings.