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1856-S $5 gold eagle pcgs au53 old holder
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<p>[QUOTE="BooksB4Coins, post: 1809807, member: 36230"]No, it's not. While not a rarity per se, in this grade especially, it is far from a generic $5 lib; IIRC, the total number certified by both TPGs is only around 100+ each. Even with it's larger branch mintage (late 1850's), these were marketplace coins used in day to day commerce, so it is not as if there are great number of higher circ grades readily available. Pre-civil war S mints to do not the love that Charlotte and Dahlonega do even though, depending on the date, mintage can be similar. It is also in PCGS plastic, which is a plus (and no, I don't drink the kool-aid).</p><p><br /></p><p>As for upgrading, no... and it should be understood that upgrading is not always a good thing. It looks like an okay specimen, fairly graded, but nothing spectacular. Regardless, if it is between this and (or so I assume) a generic $10 Indian, ask yourself if you would rather have an under appreciated coin from a period of historical significance, or something you can get anytime and anywhere just because it has more gold?[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1809807, member: 36230"]No, it's not. While not a rarity per se, in this grade especially, it is far from a generic $5 lib; IIRC, the total number certified by both TPGs is only around 100+ each. Even with it's larger branch mintage (late 1850's), these were marketplace coins used in day to day commerce, so it is not as if there are great number of higher circ grades readily available. Pre-civil war S mints to do not the love that Charlotte and Dahlonega do even though, depending on the date, mintage can be similar. It is also in PCGS plastic, which is a plus (and no, I don't drink the kool-aid). As for upgrading, no... and it should be understood that upgrading is not always a good thing. It looks like an okay specimen, fairly graded, but nothing spectacular. Regardless, if it is between this and (or so I assume) a generic $10 Indian, ask yourself if you would rather have an under appreciated coin from a period of historical significance, or something you can get anytime and anywhere just because it has more gold?[/QUOTE]
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1856-S $5 gold eagle pcgs au53 old holder
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