1836 50C O-116, 50/00 MS(PCGS#39964)

The Regency Auction 47

Auctioneer

Legend Rare Coin Auctions

Lot Number

111

Grade

MS61

Price

3,643

Lot Description

A lovely Mint State O-116. Struck from a middle die state, before the dies were lapped, but with weak milling at the rims. This variety is known for the 5 being punched over a misplaced 0 in the denomination. No wear is seen anywhere (this is not a 58 in a Mint State holder). A glowing luster provides a brilliant backlight below a dusting of the palest antique gray-gold color. Bold at the centers, somewhat weak near the peripheries. The eye appeal is original and pleasing. PCGS 2, NGC 2, CAC 1. The most recent MS61 was a dipped out, washed out NGC coin sold in January 2011. Neither PCGS coin has sold. The current CAC CPG value is listed at $3,950 and the PCGS Price Guide value is listed at $3,750. RARE finer! This is an important opportunity for the collector. What a neat coin. Cert. Number 36176252 PCGS # 6170.00