Fully struck and very lustrous with attractive totally original russet pastel color on the obverse and, a bit less extensively, on the reverse. A few very faint scuffs in the fields narrowly remove this piece from the Gem level. I like this coin considerably more than Osburn: 7038 (at $6,613) which, while graded MS65 by NGC, had no character due to a recent dipping. Only four examples have been graded MS64+ by PCGS and, in my opinion, the entire population for Mint State 1850-O half dollars at PCGS is grossly inflated. Coins like this are wonderful value and this piece is really not all that far off, from the standpoint of appearance, from the PCGS MS65 that sold for $14,950 in the Bowers and Merena 11/10 auction.