1838 $2.50 MS(PCGS#7696)

The Regency Auction 26

Auctioneer

Legend Rare Coin Auctions

Lot Number

680

Grade

AU58

Price

1,880

Lot Description

Like the 1837, the mintage of 1838 was only 47,030. This near Mint State "slider" has a bold eye appeal. Razor sharp in strike with fully struck up devices. The frosty mint luster in areas yield to semi-PL reflectivity. Some light patina can be seen in areas along the reverse legend. Very eye appealing and just a hair's breadth from a full Mint State grade. PCGS 19, NGC 49. The most recent example to sell in auction realized $1,880 in April 2017. This coin was last sold in October 2011, realizing $2,530 and the current PCGS Price Guide value is listed at $2,400. We anticipate strong bidding for this underrated date. Cert. Number 2733470 PCGS # 7696