Lot 4574
1881 $2.50 Liberty. PCGS graded AU-55 PQ. Lovely golden toning with prooflike surfaces. A few old hairlines on the surface including a couple by Liberty's nose. Old green holder. Key date. The 1881 (along with the low-mintage 1885) is one of the most fascinating dates in the series. Why so few made? What was the purpose, why not just save time and money and not strike any? Some point to the likelihood that the mint, in an effort to discourage speculators buying up all the Proofs each year and elbowing out genuine collectors, made a few hundred business strikes to pad the total mintage. As it is, only 640 business strike pieces were made in 1881. Pop 10; 27 finer (PCGS # 7833) .
Estimated Value $5,500 - 6,000.
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