Lot 1375
1869 $2.50 Liberty. NGC graded MS-61 Prooflike. Popular low mintage date. A nice untoned coin. Shimmering reddish gold hue with mirrorlike surfaces on obverse and reverse, closely resembling a Proof strike. A rarity by any accounting, due to its low production. All business strikes have a high date and were made from a single die pair. (In contrast, Proofs have the date logotype positioned low on the die.) An excellent value for the price paid since many of these low mintage issues now exceed the range of their current published retail listings. The true rarity and potential of many issues in this era are not recognized. Only 4,320 minted. Pop 3; none finer at NGC.
Estimated Value $3,000 - 3,300.
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| Realized $2,645 |
