1854 $1 BG-504 Eagle MS (PCGS# 10481)

LB Signature Sale #460

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    Heritage Auctions
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Lot Description
1854 $1 Large Eagle Octagonal 1 Dollar, BG-504, Low R.5, MS62 PCGS. State III. This Frontier, Deviercy & Co. Period One issue has a Large Head obverse that shows repolishing to remove clash marks. Moderate die rust appears on the obverse portrait. The obverse has orange-gold patina while the reverse is greenish-gold, and ample luster radiates from both sides. In this late die state, the reverse die crack extends from the star below CALIFORNIA to the scroll. Most examples of this variety are circulated; this piece is one of eight certified as MS62 at PCGS, with six finer (1/08). The same variety depicted on the cover of the Breen-Gillio standard reference, second edition, which states that this variety was "[Kenneth] Lee's favorite coin."
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