Lot 1955
1871-S. PCGS graded AU-58. The bright yellow-gold surfaces exhibit light circulation but only minimal marks, especially to the naked eye. From a modest mintage of just 25,000 pieces, most of which saw heavy circulation in and around San Francisco and the early West. The typical survivor today is apt to be just VF or XF, with few examples attaining the higher grade ranges of AU and Mint State. Indeed, PCGS has certified just 12 Mint State examples of the 1871-S five, all of those being MS-61s. The preponderance of grading events for the date at the AU-58 level leads us to suspect some resubmissions may have occurred. Pop 12; 4 finer in 61. (PCGS # 8324) .
Estimated Value $5,000 - 5,500.
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