Price: 2,250.00 - SOLD - 12/15/2014* Free Shipping and Insurance for coins at $10K or above.
1887-S Eagle PCGS MS63 - 1887-S $10 PCGS MS63. Here is a scarce, Choice Mint State, Western branch mint 1887-S Eagle that is tied for the second finest certified at PCGS. The coin has original surfaces that are clean for the grade. There are no distracting abrasion marks worthy of individual description. Muted mint luster is present on both sides of the piece. The strike is bold with full details on the centers of the stars, Libertys hair, the eagles neck, the shield, and the area to the lower left of the shield.
The Type 2 Liberty Head Eagle, Motto Added was created when the motto IN GOD WE TRUST was added to a banner designed by James B. Longacre above the eagle in 1866. The change was made in response to pressure organized by the Reverend M.R. Watkinson. The motto remained until 1907, when President Theodore Roosevelt told Augustus Saint-Gaudens to omit it on the newly designed eagle.
Both before and during the Civil War almost a dozen Protestant denominations pressured Congress to add references to God to the Constitution and other government documents. Watkinson was the first to write to Treasury Secretary Salmon Chase to request that Gods name be added to our coinage. His suggestion for a motto was God, Liberty, Law. Chase ordered Mint Director James Pollock to prepare a suitable motto. Pollocks suggestions included Our Trust Is In God, Our God And Our Country, and God Our Trust. Then Chase decided on In God We Trust to be added to most of the nations coinage. This motto was a subtle reminder that the North considered itself on the side of God with regard to the issue of slavery. A new law was required to allow the motto to be added since previous acts of Congress specified the mottos and devices that were permitted on coins. The new motto was placed on all coins that were deemed large enough to accommodate it.
In 1844 Longacre was appointed Mint Engraver through the influence of Senator John C. Calhoun of South Carolina. After overcoming opposition by the Chief Coiner, Franklin Peale, who was fearful that the new Engraver would interfere with his illegal medal manufacturing business using the Mint facilities, Longacre did well. He was responsible for creating many new designs including the Indian Head cent, the two-cent piece, the Shield nickel, the Liberty Head gold dollar, the Indian Princess gold dollar, the three-dollar gold piece, and the Liberty Head double eagle.
The 1887-S eagle is a condition rarity. PCGS has certified only 3 finer than the present piece.
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