1873/2 G$1 BG-1121 MS(PCGS#10932)

The Regency Auction 27

Auctioneer

Legend Rare Coin Auctions

Lot Number

402

Grade

MS64

Price

3,290

Lot Description

A newly discovered and certified example of this R-7- variety. Fresh out of an old European holding, this coin was submitted once to PCGS and came out TIED FOR FINEST graded. PCGS CoinFacts estimates 14 examples survive in all grades, and the 2003 update of the Breen-Gillio reference enumerates 12 examples. Struck by Christopher Ferdinand Mohrig in San Francisco, the charming design features a large Indian head on an Octagonal planchet. 1 DOLLAR in wreath CALIFORNIA GOLD above. The die was originally produced and struck with the 1872 date, and then in a very crude attempt to re-engrave the 2 to a 3. The surfaces have a stunning, flashy, prooflike luster with sharply struck devices. PCGS 2, NGC 0. The current PCGS Price Guide value is listed at $5,750. The most recent "comp" was from August 2010 where a PCGS MS63 sold for $4,313. We can see this near-GEM bringing a very strong price when it crosses the block! Good luck! Cert. Number 35499763 PCGS # 10932