Photo Denom Date Grade TPG Variety GFRC Rating Price Description Buy
Seated 25C 1851O Seated 25C 1851-O

Choice SOLD
Challenging date, Near Gem Original Surfaces, Residual Steely Luster, Gray-Aquamarine with Peripheral Gold, Typical Strike, Accurately Graded. Mintage for 1851 New Orleans strikes is a low 88,000 with some examples probably ending up in European melting pots due to silver arbitrage during the 1850 through early 1853 timeframe. Survival rates are low with PCGS population report showing four in VF30, two in VF35 and nine graded EF40. That is far from a substantial amount given 33 years of TPG grading. On two VF30 examples have been approved at CAC. This offering has to be the finest graded at the VF30 level and is worthy of a JUST BUY IT NOW recommendation. Why? Let's start with gorgeous residual steely luster on both sides. Fields are toned aquamarine gray with a dash of peripheral gold. Bright light performance is superior and must be experience in hand to be appreciated. Strike is typical for the 1851-O date. Does a fully struck example exist? This is a blemish free example other than one ancient reverse field divot by the E in UNITED that is of no consequence. Accurately graded and housed in 2014 generation PCGS holder with edge view insert and CAC approval. December 1969