Lot 3935
1826. "6 over 5". PCGS graded AU-58. Far and away the rarest of the type, with a mintage of only 760 pieces! Of these, only 5 have been graded as high by PCGS, with a single coin graded as MS-60 above. It is very likely that some of the AU-58 coins could be resubmissions in hopes of obtaining the coveted MS grade from PCGS, but we have no evidence to be certain of this other than the small cluster (5) that have been graded AU-58. NGC has not graded any in Mint State. This coin is certainly one of the nicer examples of the few known, it is not the Bass coin (October 1999) but it is the same grade according to PCGS. The obverse has minor handling marks in the fields, but Liberty's cheek is clean and not scuffed up. Delicate copper toning in the stars, and more so on the reverse around the lettering. Well struck by the dies, with sharp stars, feathers and curls. Both dies show clash marks, especially the reverse with most of the head of Liberty outlined there.
As to the overdate, there are some lumps on the upper left of the 6, and more on the inside loop, not enough to tell if it was a 5 or what, perhaps it is just a recut 6. The jury remains out, and PCGS notes the overdate in quotes, signaling their questioning of the overdate. An opportunity for a gold specialist to put away a really rare and under appreciated coin. Don't expect to find a better one, or even an equal! The Bass example in the same grade realized $20,700, and so did the same grade example sold by Heritage in February 1999. Expect competition on this wonderful rarity.
Estimated Value $15,000 - 20,000.
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