Lot 2014
1856-C $5 Liberty. NGC graded MS-60. Lovely rich golden toning. Well struck. The 1856-C has consistently been among the most underrated of all Charlotte Mint fives. It is almost always found in circulated condition with just under a score (20) believed known in AU. In Uncirculated grades, though, something curious has occurred. In Doug Winter's book on Charlotte gold, he states only three pieces are known in Mint State. However, the combined population data from NGC and PCGS shows well north of 20 pieces have been graded, ranging from MS60-62. So, it looks like either the same few coins have been submitted many times to each of the services in hopes of getting a higher number, or substantially more examples were actually available than Mr. Winter knew of when he published his book. We consider this coin to be fresh and uncleaned. The surfaces are well toned and frosty with luster. Sharply defined on each side, and an atypical coin as such, with the usual small abrasions scattered over each side. Only 28,457 coins minted. Pop 6; 7 finer; 5 in 61; 2 in 62.
Estimated Value $14,000 - 16,000.
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