Photo Denom Date Grade TPG Variety GFRC Rating Price Description Buy
Seated 50C 1860S Seated 50C 1860-S
MS64
PCGS
47451989
WB-1
Choice $15000 New March 30! Near-Gem Original, Newtown Collection.. Frosty silver surfaces lead to attractive toning at the rims, an effective more fully appreciated with in-person inspection. The strike is exceptional, with the stars rising well above the plane of the planchet. WB-1, with a low date and large mintmark. This piece is tied for top honors at CAC and PCGS, and, given the overall eye appeal, will draw significant attention. CAC has approved but 22 coins total, two pieces in MS64, and no examples higher. The situation at PCGS is similarly challenging, with eight grading events in MS64 and none finer. The CAC price guide is $9,750, while PCGS indicates a value of $18,500. The rare coin market is not perfectly efficient, and price guides struggle to reflect the true market value of thinly traded items. As PCGS Coin Facts indicates, the “market velocity” of the 1860-S half in MS63/MS64 grades is less than one piece per year. In this case, the sale of this same coin in 2023 represents the most important data point. Ex. Regency Auction 61 (Legend, November 2023), lot 131, realized $14,687.50. Housed in a PCGS Gen 6.1 (2020-2024) holder with CAC approval. PCGS #6301.