Date 1865-S/INV 186 Grade NGC AU55 PCGS Price Guide 42500 Population (PCGS) 2/1 Population (NGC) 5/4 Serial Number 3573810-001 PCGS Lookup Number 8643
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$10.00 - 1865-S/INV 186 NGC AU55 - $23000
VERY RARE NGC AU55 1865-S INVERTED DATE $10.00
This remarkable blunder shows the original date punched into the die upside down (inverted) and then corrected. It is actually more available than the Normal Date 1865-S eagle but it is quite rare with an estimated 50 or so known. It is unique in Uncirculated and there are probably fewer than 10 known in AU with most in the 50-53 range.
As with all known 1865-S eagles (regardless of variety) this piece is not fully brought up at the centers and it shows some weakness on the radial lines of the stars. However, this is a solid coin for the grade with a considerable amount of luster and pleasing natural rose-gold and orange color. The surfaces show moderate abrasions with nothing overly detracting. The eye appeal is clearly above average for the date and grade.
Three AU55 examples of this date, all graded by NGC, have sold since 2003. The last piece, approved by CAC but similar in quality to this piece, realized $23,500 as Heritage 4/16: 4799. Another CAC approved piece is currently on the website of a California dealer priced at $35,000.
This is likely a Condition Census example of the most spectacular variety seen on any issue of this type.