$2.5 1848 CAL PCGS MS62+

$160,000.00

Ever since this coin came into our office for auction, we had eyes on it. There re only a few known real unmessed with MS examples of this date. When we realized the only competion on this coin was from dealers, we knew we had to buy it. To be clear, had it been in any other auction we would have purchased it regardless. This is the ONLY MS Piece we have ever owned. Here is the auction description: LRCA is proud to offer this almost once in a lifetime amazing coin. Between us and our sister company Legend Numismatics, we have only seen two others total in our 40+ year career in Mint State (and one was the MS68 we badly regret not buying many years ago). In addition to being ultra-rare, this coin is a no question SUPER HIGH END piece. Amazing prooflike surfaces catch your attention unexpectedly. The surfaces are remarkably clean and smooth. Only if you use a strong glass can you find a few light lines and a small tick on the lower right obverse. Nothing stands out. The mirrors beam from all over and actually are highly reflective. No question this coin is original and never has been messed with. Miss Liberty and every detail has been fully struck and stands out. The CAL is amazing to see. There actually is slight contrast on this coin too. The eye appeal is exceptional! An incredibly historic and important coin, a classic in the the annals of American numismatics. After gold was discovered in the America River in California in 1848 near Sutter’s Mill, 228 ounces were sent back east in December of that year by the military governor, Col. R.B. Mason, directed to the Secretary of War, William Marcy. The gold was to be used to strike gold medals for General Zachary Taylor and General Winfield Scott–any remaining metal was to be used to strike quarter eagles, with “CAL.” stamped in the field to recognize the historical significance of the source of the gold, resulting in a mintage of 1,389 pieces. The gold rush that ensued created one of the largest mass migrations in history, and changed the course of not just American history, but also world history. PCGS 7, NGC 3, CAC 1. This is the ONLY MS62+-and the ONLY MS62 that is CAC. In MS63 PCGS has graded 3 with 3 beans (where heck are they?) and 5 in MS64-NONE beaned and of course the sick MS68-which would bean. In true Mint State you have very few to choose from. That is why cleaned AU58’s sell for as much as $75,000 -there are no Mint State pieces to be found. It is our strong opinion, this coin is a once in a few years piece. Think hard to when the last time was you saw ANY Mint State piece especially one that was CAC. Opportunity knocks loud here! Save for the 5C 1913 Liberty Nickel PCGS PR66 CAC we bought at ANA, this is the second greatest coin we purchased all year-and we bought some one in a life time coins too! We really want to place it in a great home-it more then deserves that.

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SKU: 57856