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

Spring 2019 Baltimore U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

3185

Grade

MS62

Price

2,400

Lot Description

1853-FD Octagonal 50 Cents. BG-302. Rarity-4-. Liberty Head, Small Eagle or "Peacock" Reverse. MS-62 (PCGS). Satiny and fully original surfaces exhibit glints of powder blue to otherwise dominant khaki-gold patina. One of the most popular California small denomination gold types, BG-302 features the famous "Peacock" reverse. Since at least three examples were discovered with the wreck of the S.S. Winfield Scott, lost at sea in December 1853, and most survivors are circulated to one degree or another, we can conclude that this type was actually intended for commercial use. As such, Mint State examples such as this are understandably scarce and eagerly sought by advanced collectors. PCGS# 10422. NGC ID: 2BJ7. Click here for certification details from PCGS.