SOLD – $1.00 – 1856 Upright 5 PCGS MS64 CAC

1856_g1_up5_P64_CAC.jpg
1856_g1_up5_P64_CAC.jpg
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SOLD – $1.00 – 1856 Upright 5 PCGS MS64 CAC

2,950.00

Serial Number 25512057

PCGS Lookup Number 7541

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Upright 5 variety.  1856-P gold dollars are known with Upright 5 and Slanting 5 date logotypes. The former is considerably scarcer than the latter and it is a very difficult issue to locate in MS64 and above.

This very frosty example has rich yellow-gold color on the obverse and reverse with just a few scuffs in the left obverse field keeping it from a higher grade. The strike is typical for the variety with some slight weakness at the centers and at the top of the Indian’s crown.

There are only three APR’s for this variety in MS64 since 2008 and the last is $3,220 for a PCGS MS64+ in March 2011.

This is a nice example of a scarce, undervalued Type Three gold dollar.

CAC has approved just this one example in MS64 with only a single coin finer (an MS65).