1897 LIBERTY $10, MOTTO MS65
A GEM SATIN COIN. ONLY 4 GRADED HIGHER AT PCGS.
1897 LIBERTY HEAD - TYPE 3 $10
In 1897, the Boston subway was opened and became the first underground railway in North America. On the opening day alone, more than 100,000 passengers rode the single line with five stops through downtown Boston. Could this 1897 eagle have been among the first to ride North America’s first subway?
An order from Treasury Secretary Salmon P. Chase and a clause in the Act of March 3, 1865 sufficed to mandate inclusion of the motto IN GOD WE TRUST on the large silver and gold denominations beginning in 1866. Chase approved James Barton Longacre's simple scroll design, which duly took its place on the reverse of the Liberty Eagle that year. (The San Francisco Mint's 1866-dated delivery is divided between No Motto and Motto pieces, but that of the Philadelphia Mint includes only coins of the new design.) With this addition, the Liberty Eagle would remain unchanged until eclipsed by Augustus Saint-Gaudens' Indian Eagle in 1907. There are many scarce or rare issues in this series, particularly the P-mint deliveries of 1866-1877, those struck in the Carson City Mint from 1870-1879, the 1879-O and the 1883-O. Virtually all deliveries are conditionally challenging and difficult to locate above the MS-62 level, if they are obtainable in Mint State at all.