Lot 1820
1853/2. PCGS graded AU-58. CAC Approved. Well struck and frosty. In circulated grades, the 1853/2 is similar in to the higher mintage 1851-53 regular date Double Eagles in the amount of wear (and abuse) it received in circulation as a heavy, soft-metal coin. Despite the 10% copper alloy for hardness, these tended to abrade quickly in commerce. It goes without saying the 1853, 3 over 2 overdate is decidedly rarer than the regular date issues around it. There are very few high grade ones known (see below). The typical one might be Very Fine or Extremely Fine and pretty banged up at that. This handsome coin is characterized by bright frosty mint luster, only lightly bagmarked surfaces, and grand eye-appeal. The luster in the fields also tips over onto the devices, with Liberty’s cheek noteworthy as it is also free from all but faintest luster grazes. Sharply struck including stars with light, attractive reddish-gold and pink coloration overall. In AU58, this is a legitimately scarce coin and it is an issue that is almost never seen better. This issue and should be strongly considered by the quality-conscious rarities collector. Pop 15; 6 finer, 2 in 60, 4 in 61 (PCGS # 8909) .
Estimated Value $10,000 - 12,000.
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| Realized $17,250 |
