Lot 2773
1856-S $2.50 Liberty. NGC graded MS-61. Nice light golden toning. 72,120 pieces minted. Well detailed for this more difficult S-mint Quarter Eagle, a low mintage year, the soft golden highlights add considerably to the appeal of this nearly choice coin. Accounting for one or two points off the grade is a little mark on Liberty's nose. Scattered hairlines are also faintly visible.
The 1856-S, with its modest mintage, is the earliest collectible San Francisco Mint coin of this denomination, the 1854-S being for all practical purposes out of the reach of all but the wealthiest collectors. Most examples show extensive wear.
The date logotype is nicely positioned with ample space above and below. Much more deeply impressed into the die at the right side of the date, making the 6 quite large in comparison to the other figures. On the reverse the S mintmark sits far to the right of where the C and D mintmarks were placed this year, and is in the field, not touching any devices, to the lower right of the arrow feather. Pop 10; 10 finer (PCGS # 7781) .
Estimated Value $3,000 - 3,100.
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| Realized $3,565 |
