1897 $2.50 MS(PCGS#7849)

The Regency Auction 38

Auctioneer

Legend Rare Coin Auctions

Lot Number

278

Grade

MS66+

Price

2,468

Lot Description

A bold, satiny GEM example. Though only 29,738 were produced, a number of them were saved at the time of issue, which is a lucky occurrence for today's collectors who demand high quality. A strong luster blooms all over, accenting the great orange-gold color and sharply impressed design elements. We note a scattering of minor ticks, which preclude a full SUPERB GEM grade, but they have little impact on eye appeal. PCGS 48, NGC 47, CAC 14. There are four in MS66+ at PCGS, only two of which have sold in auction, including the one we sold in December 2016 for $3,878. The current Collectors Universe value is $3,500. Fewer than a dozen and a half have been graded finer at PCGS. Good luck. Cert. Number 35429349 PCGS # 7849.00