1848-C $2.5 XF40 PCGS CAC
In 2021 perhaps one of the hottest commodity in the US Numismatic in our opinion has been C-MINT $2.5. This 1848-C $2.5 is a super example from a tiny mintage of 16,788 with only about 175 survivors in all grades and nearly twice as rare as the common 1847-C $2.5. All 1848-C $2.5 were struck from buckled dies. The result is areas of weak strike. Despite this, the issue is rare and whenever a CAC example is offered these sell very quickly. More than the CAC approval this XF40 PCGS CAC $2.5, has superb color with tan-red gold dominating both the obverse and reverse with its stunning hues. A non-cac XF40 pcgs sold 10/2021 for $3,290. Interestingly, on the reverse this coin has an interesting occurence to the right of the beak. Perhaps a counter-stamp or PMD, we can say this only adds extreme authenticity and interest to the piece.
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