Lot 1207
1854-C $2.50 Liberty. NGC graded MS-60. A great rarity in high grades, especially so in Mint State as seen here. Charlotte struck just 7,295 of these, virtually all of which circulated into much lower grades than seen here. We note the surfaces are a bright reddish gold color, and we see none of the haze or toning over the luster. As to the strike, this one really shines, noted expert Doug Winter wrote in his reference on the series that "Weak strikes are the rule for this date. The obverse is often blurry on the hair around Liberty's ear. The reverse is always weaker than the obverse; the center and eagle's claws are invariably very weak…." We note that the hair around Liberty's ear is fairly well struck, especially so given the date, although the reverse shows the expected softness on the eagle's thigh, claws and areas around the shield. In addition, we note a small die crack from the rim to the fraction bar on the reverse. An American classic. Rare and seldom offered in Mint State grades. Population figures are as follows: Pop 5; 5 in 61; 7 in 62; 1 in 63. In a new NGC 4 pronged holder (PCGS # 7770) .
Estimated Value $7,000 - 7,500.
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