1860-S $2.50 MS(PCGS#7793)

The Regency Auction 46

Auctioneer

Legend Rare Coin Auctions

Lot Number

236

Grade

MS62

Price

11,456

Lot Description

Very high end for the grade! Condition Census for the issue with just a half dozen graded finer. From an original mintage of 35,600, these are scarce above XF and VERY RARE in Mint State. Full, flashy brilliant luster has a bold intensity. Warm honey gold coloration adorns both sides, giving this CHOICE example a great look. Generally well struck, save for some minor weakness at the highest points, the detail is otherwise very crisp. A few very minor marks account for the assigned grade. The eye appeal is tops! PCGS 4, NGC 1, CAC 2. No CAC-approved MS62 has ever sold in auction. The most recent PCGS graded example sold for $7,020 in January 2021, but with its high end look, this CAC-approved example should bring more. The current Collectors Universe value is listed at $8,000 and the CAC CPG value is $9,340. Just half a dozen are graded higher, and none have sold in auction for a decade! These are very difficult at the higher grade levels and this coin is fresh, housed in an older blue tag holder. Bound for a world class specialized set. Good luck. Cert. Number 50194739 PCGS # 7793.00