SOLD – $1.00 – 1858-S PCGS AU58 CAC

1858S_1_P58_CAC2.jpg
1858S_1_P58_CAC2.jpg
sold out

SOLD – $1.00 – 1858-S PCGS AU58 CAC

3,150.00

Serial Number 7550.58/29295042

PCGS Lookup Number 7550

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As with the 1857-S, the 1858-S has a mintage of just 10,000 and both issues are rare and undervalued. The 1858-S is not seen often above AU55 and the few higher grade pieces which are available tend to have surface issues.

This reddish-gold slider shows minor wear on the obverse and the reverse is a full MS61 on its own. The strike is typical for the date with a touch of weakness at the centers while the surfaces are choice save for one faint hairline in the inner left obverse field.

The last PCGS AU58 CAC to sell at auction realized $2,585 as Heritage 9/12: 5489.

I recently sold another PCGS/CAC AU58 example and that coin generated considerable interest.

CAC has approved five in this grade with four finer.