SOLD – $1.00 – 1852-O PCGS MS63 CAC

1852O_1_P63_CAC.jpg
1852O_1_P63_CAC.jpg
sold out

SOLD – $1.00 – 1852-O PCGS MS63 CAC

3,500.00

Serial Number 7520.63/13727705

PCGS Lookup Number 7520

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The 1852-O is the second scarcest Type One gold dollar from the New Orleans mint after the 1850-O. It is reasonably available in the lowest Uncirculated grades but it is scarce in MS63, rare in MS64 and virtually unknown above this.

This sharply struck orange-gold example is very frosty. It is a bit irregularly struck on the obverse with some weakness on the border from 8:00 to 12:00 and a bold die crack from the star at 12:00 through the coronet and into the hair. The date is sharply impressed and the reverse is quite choice.

The last PCGS MS63 1852-O gold dollar to sell at auction was Heritage 9/09: 1414, a non-CAC example, which realized $3,105. The market for this date in MS63 has dropped appreciably in recent years and there were a number of auction sales for PCGS examples in the $4,500-6,500 range between 2000 and 2007.

For most specialists, this will be a perfect example of this scarcer date and it seems like a good value play for contrarians.

This is the only 1852-O gold dollar in MS63 which has received CAC approval; two finer pieces have been approved as well.