3036

1856-C $5 MS62 NGC.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1856-C $5 MS62 NGC.
1856-C $5 MS62 NGC. Variety 24-J. The 1856-C has consistently been considered the most underrated of all Charlotte Mint fives. It is almost always found in VF-XF condition with just 16-18 pieces believed known in AU. In Uncirculated condition, something curious has occurred. In Doug Winter's book on Charlotte gold, he states only three pieces are known in Mint State. However, the combined population data from NGC and PCGS shows 16 pieces have been graded, ranging from MS60-62. So, it looks like either the same three coins have been submitted many times to each of the services in hopes of getting a higher grade, or many more examples were actually extant than Doug knew of when he published his book three years ago and they have all subsequently come onto the market (frankly, we doubt that last scenario). We consider this coin to be the finest example known, bettering the Ex: Elrod coin by a point. The surfaces are bright and semi-reflective with original, intact reddish coloration and luster. Sharply defined on each side, and an atypical coin as such, with numerous small abrasions scattered over each side. Most easily distinguished by a tiny alloy spot near the denticles midway between stars 4 and 5. An exceptional coin and a rare opportunity for the collector of Charlotte fives. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.