1850-O $2.50 PCGS MS61 CAC

Very fresh and lustrous with nice natural light yellow-gold color that deepens slightly at the borders. This is a late die state with evidence of die sinking as well as some heavy clashmarks that are not often seen on this date. This has given the coin a lack of detail at the centers but the body and appearance is suggestive of a higher grade. What appears to be a circular scratch below STATES on the reverse is a clashmark. The 1850-O remains a rare coin in properly graded Uncirculated, despite evidence of the contrary from third-party grading populations. I believe that under fifteen are known with almost all in the MS60 to MS62 range. In fact, I have only handled one example of this date in MS63 and none better. This coin seems like very good value to me at its current price level.