SOLD – $10.00 – 1850 Small Date PCGS AU58 CAC

1850_10_P58_smdt_CAC.jpg
1850_10_P58_smdt_CAC.jpg
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SOLD – $10.00 – 1850 Small Date PCGS AU58 CAC

4,500.00

Serial Number 8604.58/21233181

PCGS Lookup Number 8604

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RARE SLIDER 1850 SMALL DATE EAGLE

Varieties of 1850 eagles are known with a Small Date and a Large Date logotype. The former is at least twice as rare as the latter and the Small Date variety is very scarce in the higher AU range and very rare in Uncirculated. This variety is almost never seen with original color and choice surfaces.

This is the nicest 1850 Small Date eagle that I have offered in some time. It shows splashes of deep natural golden-orange color which are richest at the left and far right obverse. There is no real wear but enough bag friction on the high spots to remove this from consideration at the Uncirculated level–and a five figure price. The reverse, as usual, is scuffier than the obverse but these marks are not deep or detracting.

No PCGS AU58 example of this variety has sold at auction since Stacks 3/09: 5999 which sold for $3,450. An NGC AU58 without CAC approval realized $3,819 as Heritage 1/14: 6853.

The No Motto eagles from Philadelphia make for a collectible and challenging date run and of the pre-1860 issues, the 1850 Small Date is certainly among the scarcer and more undervalued issues.

CAC has approved three in this grade with none finer.