1854-C $2.50 PCGS EF40 CAC

Attractive deep orange-gold color is contrasted by russet highlights on the portrait. This coin has the body of an EF45 to AU50 but it has been conservatively graded by PCGS on account of a weak strike on the reverse; curiously, the obverse is better detailed than usual for the date. The 1854-C is scarce in all grades with a mintage of just 7,295. I think this coin is an amazing value as a comparable 1847-C or 1858-C (dates that are three times more available in all grades) would sell for just a few hundred dollars less.

This is the only example of this date approved by CAC in this grade; six finer have been approved as well.