The MS63 offered today is a nice value play under current market conditions. You won't find a better deal for this date. The denomination was created as a means of exhausting an overage in gold supply due to the 1849 California Gold Rush.
They were never intended for general use in commerce as the amount easily equated to a month's wage during the time of issue - making them impractical to carry as a coin. PCGS Encapsulation offers protection and guarantees the MS-63 condition of the coin. Conservatively graded in our opinion, PQ++ This is an amazing coin that's choice for the grade.Struck at the San Francisco Mint. Obverse: Depicts Liberty striding forward holding a torch and an olive branch with the U. Capitol building in the backdrop.
Reverse: Features an eagle in flight against the sun in the background. Beautiful color and very rare in this condition.