ON HOLD- $20.00 – 1856-S PCGS AU58 CAC

1856S_20_P58_CAC.jpg
1856S_20_P58_CAC.jpg
sold out

ON HOLD- $20.00 – 1856-S PCGS AU58 CAC

5,000.00

Serial Number 8919.58/27473282

PCGS Lookup Number 8919

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The rarity profile of this date changed dramatically after a large number were uncovered from the SS Central America. Despite the availability of the 1856-S in most grades, it remains a popular and in-demand issue.

This bright, lustrous slider shows splashes of rich natural orange-gold color at intervals on the obverse and the reverse. It has very little actual wear and choice enough surfaces to lead me to state that many inferior examples exist in MS60 and even MS61 holders.

No CAC approved 1856-S double eagles in PCGS AU58 holders have appeared at auction in recent years. A non-shipwreck NGC AU58 with CAC approval brought $4,700 as Lot 3355 in the Heritage 11/14 Newman V auction and other PCGS 58′s without CAC have brought the same amount (or a touch more) in the last year.

CAC has approved 10 in this grade with 20 finer.