1858-S G$1 MS(PCGS#7550)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

Auctioneer

Stack's Bowers

Lot Number

4019

Grade

MS61

Price

4,560

Lot Description

1858-S Gold Dollar. MS-61 (PCGS). Sharply struck throughout, both sides of this gold dollar are mostly satiny with modest hints of semi reflectivity in the fields. The warm golden-orange patina adds to the strong eye appeal for the assigned grade level. As with all early San Francisco Mint gold issues, the 1858-S dollar suffered a high rate of attrition through circulation. A low mintage of 10,000 coins and a lack of contemporary numismatic demand further explains why so few Mint State examples have come down to the present day. A significant and underrated condition rarity for the astute gold enthusiast. Provenance: From the Blue Ridge Mountains Portfolio. PCGS Population: 5; 8 finer (MS-65 finest). PCGS# 7550. NGC ID: 25CK. Click here for certification details from PCGS.