1873 $10 Closed 3 PCGS PR61 Cameo CAC

In 1873 the nation was still recovering from the deep wounds of the Civil War. President Ulysses S. Grant would be inaugurated to a second term, still walking a fine line on how to handle the issues of a divided people.

The 1873 $10 Gold Liberty Closed Wreath Proof coin holds a significant place in the history of American numismatics. As a proof coin, it represents the highest level of craftsmanship and quality in coin production during its time. This particular coin is known for its distinctive design features, rarity, and historical context.

The production of the 1873 $10 Gold Liberty Closed Wreath coin occurred during a period of transition in United States coinage as the Coinage Act of 1873 was enacted. This effectively ended the free coinage of silver and established the gold standard. This act eliminated the silver dollar from circulation and shifted the focus towards gold denominations. As a result, the $10 Gold Liberty coin became an essential piece in the changing landscape of American currency.

Furthermore, 1873 marked the first year of production for this specific design of the $10 Gold Liberty coin. The minting of this particular coin ceased after the introduction of a revised design in 1877. Consequently, the 1873 $10 Gold Liberty Closed Wreath coin represents the inaugural year of the Closed Wreath variety, adding to its historical significance and desirability among collectors.