Expert Comments

Ron Guth

This variety is an overdate that shows traces of an 854 beneath the final 1855 date.  The arrows at each side of the date were placed there to signify a reduction of the weight of the coins in 1853.  The arrows served as a quick identifier so that the old, higher weight coins could be removed from circulation quickly.

The overdate is roughly two to three times as rare as the "normal" date.  Numerous circulated examples exist, but Mint State examples are scarce.  PCGS has certified nine Mint State examples (as of May 2011), the finest of which is a single MS-66. The PCGS Condition Census includes grades from MS-62 to MS-66.

Diameter
30.00 millimeters
Designer
Thomas Sully/Christian Gobrecht
Edge
Reeded
Mintage
759500
Weight
12.40 grams
Metal Content
90% Silver, 10% Copper
Region
The United States of America
Pop Higher
73
Pop Lower
15
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 400 R-6.2 1 / 6 21 / 126 TIE
All Grades 18 R-9.2 2 / 6 24 / 126
60 or Better 3 R-9.8 2 / 6 18 / 126 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade

Heritage 1/2001:7800 - Bill Nagle, sold privately in 10/2004 - Eugene H. Gardner Collection - Heritage 10/2014:98494, $21,150

2 MS65 PCGS grade

Steve Ivy 8/1980:2263 - James Bennett Pryor Collection - Bowers & Merena 1/1996:149 - George "Buddy" Byers Collection - Stack's 10/2006:1169, $13,800 - Heritage 1/2007:982, $17,250 - Stack's/Bowers 8/2011:7363, $17,825

3 MS64 PCGS grade  
	MS64 PCGS grade

Dick Osburn Collection - Stack's/Bowers 8/2011:7049, $6,900 - Heritage 4/2014:4405, $4,846.88

3 MS64 PCGS grade MS64 PCGS grade

Eugene H. Gardner Collection - Heritage 10/2014:98493, $9,987.50

3 MS64 PCGS grade