SOLD - $10.00 - 1848-O PCGS AU50 CAC

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SOLD - $10.00 - 1848-O PCGS AU50 CAC

3,950.00

Date       1848-O
Grade       PCGS AU50 CAC
PCGS Price Guide       4350
Population (PCGS)      17/53
Population (NGC)        20/80
Population (CAC)          4/18
Serial Number       8600.50/82447253
PCGS Lookup Number       8600

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SCARCE PCGS/CAC AU50 1848-O EAGLE

Variety 2.

This is an unusual date in that, unlike most other New Orleans eagles of this era, the 1848-O is scarce overall but less so in Uncirculated than dates such as the 1842-O, 1845-O and 1846-O.

I grade this coin AU53 to AU55 but iit is somewhat flatly struck at the centers (as per usual) and this has caused PCGS to be conservative. It is frosty and clean with nice light yellow-gold color seen on both sides.

A PCGS AU50 with CAC approval sold for $3,525 as Heritage 9/15: 5140. Before this, no PCGS AU50 1848-O eagle had sold at auction since June 2013.

CAC has approved 4 in this grade with 18 finer.