Photo Denom Date Grade TPG Variety GFRC Rating Price Description Buy
Seated 25C 1849O Seated 25C 1849-O
 F15
 PCGS
30006308 		Briggs 1-A
 Choice $5125 New May 1! New Orleans Key Date, Crusty Gray Patina, Choice Original Surfaces, Quito Collection. Consignor Price Reduction. The mintage for 1849 New Orleans strikes is unrecorded with Briggs estimating a mintage of 16,000 pieces. Few example ever reach the marketplace. The CAC population report further illustrates the dilemma facing collectors as only 17 have been approved in all grades with more than half grading between FA02 and F12. GFRC is pleased to report that the Quito Collection is releasing the single approved F15 specimen. This example is strictly original with consistent crusty gray patina on both sides. Surfaces are essentially unabraded and quite pleasing when one considers the amount of time in circulation and the opportunities for mistreatment. Honestly, the "price guides" are just that for this date as the overwhelming challenge is locating an example, let along a choice CAC approved specimen. Let's see how long this offering lasts on the 30 Day Price List. Housed in PCGS Gen 4.1 (2003-2004) holder with CAC approval.