Housed in an older NGC holder and graded many years ago; by today's standards I think this coin is closer to AU55 than it is to AU53. The 1856 is my favorite affordable "sleeper" Type One issue. It is scarce in the lower AU grades, very scarce in properly graded AU58 and rare in Uncirculated. This nicely toned example is original and very clean for the issue with pleasing green-gold and orange hues. There is a decent amount of luster seen on both sides and good detail at the centers. Great value at less than $4,000!
CAC has approved four 1856 double eagles in AU53 with only six finer.