Lot 1266
1858-C $2.50 Liberty. PCGS graded MS-62. One of the top graded pieces of this scarce date, PCGS has awarded this grade to just 10 coins, with a single coin graded higher. As noted in the Harry Bass Sale (part 2) under lot 501, the various grading service population reports are becoming more and more skewed as the same coins are resubmitted many times, making rarities appear to be "common" by virtue of the high numbers recorded as the same coin is sent in over and over until the desired grade is achieved. It is possible that there are 10 different MS-62 specimens out there in PCGS holders, but there may be far fewer, we just don't know. This coin is identifiable by a small tick mark under the forward tip of Liberty's bust, and a small rim scrape above ST of STATE in the denticles.
Estimated Value $10,000 - 15,000.
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| Realized $10,925 |
