Lot 3385
1848 $5 Liberty. PCGS graded MS-63. Housed in an Old Green Holder. Well struck and fully lustrous, all lightly toned. A small chattermark at the eye and a light scuff across the cheek, well in keeping with the choice MS63 grade assigned by PCGS. With a mintage of more than a quarter million pieces, one would expect to see a fair number of high grade examples extant today of this issue. That, however, is not the case and the 1848 is seldom seen above Extremely Fine. This is the year of the gold discovery in California. Pop 6; none finer at PCGS (PCGS # 8236) .
Estimated Value $5,500 - 6,500.
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