1853 G50C BG-302 "Peacock" MS(PCGS#10422)

The Regency Auction 26

Auctioneer

Legend Rare Coin Auctions

Lot Number

663

Grade

MS64

Price

6,463

Lot Description

One of the most popular types from the extensive California "Fractional" series, the BG-302 is the "Peacock" issue, so named from the spray of rays above the eagle's head, it looks like a peacock with its tail feathers in full display. It is the ONLY time this reverse die was utilized. Somewhat scarce, perhaps 150-200 examples are known. Richly toned on both sides with rose, violet, icy blue colors come out when the lustrous, nearly prooflike surfaces are viewed in a light. This near-GEM example has a bold, beautiful look and the eye appeal cannot be beat! PCGS 13, NGC 4. The most recent example to sell in auction realized $4,700 in the 2016 FUN auction, a sale that was held during a market downturn. Prior to that, the last PCGS MS64 sold n the 2008 FUN auction, realizing $6,325. The current Collector's Universe value is listed at $6,000 and there are only 3 coins finer at PCGS. A great coin for a "Cal Frac" type set or an addition to your territorial collection. Cert. Number 25279524 PCGS # 10422