2011

1851-C $2.50 Liberty NGC AU58

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,200.00 USD Estimated At:NA
1851-C $2.50 Liberty NGC AU58
1851-C $2.50 Liberty. NGC graded AU-58. Only 14,923 pieces struck. Untoned with moderate obverse marks. A crisp strike. Slightly Prooflike obverse. One of the very few choice About Uncirculated examples reported. In the overall landscape of Charlotte and Dahlonega Mint gold rarities, par for the course happens to be Very Fine or the occasional Extremely Fine piece. When important collections are formed, then About Uncirculated examples are demanded (plus the very occasional Mint State). With this sale we are pleased to observe that all conventional "standards" in vogue since this piece likely represents several decades of connoisseurship before being brought to the market. This lovely 1851-C is a desirable coin on many levels. Dare we say, a connoisseur's dream come true!

Walter Breen, now deceased but once an authority on the series, reported that of three pairs of dies made available for the coinage this year, just one pair is known to have been used. The date logotype is lightly impressed into die and placed far left, with tip of 1 overlapping the neck truncation. The reverse has the C mintmark high and overlapping the claw (mintmarks were added to the dies after the main device was completed). A feather vein touches lower right of C, below the opening, indicating a particularly high position (PCGS # 7760) .
Estimated Value $4,500 - 4,700.