Lot 811


1854. PCGS graded
MS-63. A beautiful example of this, the first year of issue. Coppery toning
enhances the devices and the fields retain all of the original luster. The
strike is sharp, and the surfaces show only a few ticks from handling. Mintage
started with a bang in 1854, a total of 138,618 were coined to introduce the
nation to this new denomination (used to purchase 100 stamps in a sheet). After
1854, subsequent mintages dropped never reaching 100,000 coins in any given
year.
Estimated Value $3,000-3,500.