SOLD - $1.00 - 1850-D PCGS AU58
SOLD - $1.00 - 1850-D PCGS AU58
Date 1850-D
Grade PCGS AU58
PCGS Price Guide 6750
Population (PCGS) 11/9
Population (NGC) 23/24
Serial Number 7511.58/80567778
PCGS Lookup Number 7511
RARE PCGS AU58 1850-D GOLD DOLLAR
Variety 2-C.
The 1850-D is the second rarest Type One gold dollar from Dahlonega, trailing only the low mintage 1854-D. It is very scarce in properly graded AU55 to AU58 and I have long maintained that this date is the single most undervalued D mint gold dollar of any type.
This lustrous slider is well struck with sharper border detail than usual for the date. There are some light clashmarks at the centers but this appears to be an early die state and it is well made. Both sides show just a hint of rub and the color is a pleasing natural light green-gold. A small dig in the left obverse field is not detracting.
A good testament of this date's scarcity in AU58 is the fact that none has sold since August 2012 and the last PCGS AU58 was sold in February 2006 for $5,750.
An Uncirculated example of this date--if available--would be a five figure coin, making this nice AU58 an excellent value at around half the price.
