SOLD - $1.00 – 1850-C PCGS AU53
SOLD - $1.00 – 1850-C PCGS AU53
Date 1850-C
Status New
Grade PCGS AU53
PCGS Price Guide 3500
Population (PCGS) 10/48
Population (NGC) 11/52
Serial Number 7510.53/25243255
PCGS Lookup Number 7510
Coin Description
SCARCE 1850-C GOLD DOLLAR
The 1850-C is the scarcest collectible Type One gold dollar from the Charlotte mint. It is not often seen above AU53 to AU55 and it is a very hard issue to find with any sort of positive eye appeal.
From the standpoint of visible luster and detail, this example is a full AU55 but it has been “netted” down to a 53 on account of two small digs on the obverse. There is a good amount of mint bloom below natural russet color and what appear to be scratches on the reverse are on the holder, not the coin.
The last PCGS AU53 1850-C gold dollar to sell at auction brought $3,220 as Heritage 9/08: 3114. No PCGS AU55 has crossed the block since the summer of 2011.
This is an issue missing in most sets and it remains undervalued, in my opinion.
