Lot 3394
1858 $5 Liberty. NGC graded MS-60. A rare date that is seldom seen in grades above VF. Copious amounts of mint luster justify the grade. Only 15,136 pieces struck. A well detailed example of this elusive P-mint date. Bright and lustrous with no signs of toning. Typical surfaces to examine as a few ticks are found. The strike is razor-sharp on the uppermost curls, and also sharp on the stars, eagle, shield and lettering.
Business activity worldwide slowed in 1857-58 before rebounding into the early 1860s, and demand for gold coinage presumably fell. Add to this, the gathering clouds of war between the North and the South and one begins to understand why very few Mint States are in existence today. Pop 3; 10 finer (PCGS # 8276) .
Estimated Value $2,000 - 2,200.
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| Realized $2,530 |
