Lot 1366
1856-S $2.50 Liberty. PCGS graded MS-64. Boldly struck with lovely even golden toning on both sides. A most elusive coin to find in this pleasing grade, and this is without doubt one of the top dozen or so left in coin collections. The strike is complete on the obverse stars and curls of Liberty, with similar clear detail on the eagle's shield and claws. A regal eagle with his bold wing feathers. Satiny luster swirls and undulates. Attractive pale orange-gold in color. Few Mint State survivors retain such fantastic surfaces and the quality seen here would be hard to duplicate, as most have far abrasions and other marks. A special prize for the patient enthusiast of this $2.50 gold series, and a coin which any collector would be proud to exhibit at coin shows. 72,120 struck. Pop 4; 3 finer; 2 in 65; 1 in 67. (PCGS # 7781) .
The 1856-S is the earliest collectible San Francisco Mint coin of this denomination, the 1854-S being for all practical purposes unobtainable. Most examples show extensive wear, and today the typical grade on the market is apt to be VF to EF.
Estimated Value $12,000 - 13,000.
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| Realized $10,925 |
