1788 Massachusetts 1C Period PCGS AU55 CAC – SOLD

Description

1788 Massachusetts 1 Cent AU55 PCGS. High R.2. Period After Massachusetts. CAC endorsed-! A superb specimen rarely seen in such high grade and never seen CAC endorsed. Checking the PCGS population report there are no Mint State examples certified under the PCGS coin number designation of 948. There are only 5 coins in this grade of AU55 and a mere two finer in AU58.  NGC has graded a few Mint State examples, but an examination of auction records shows most have some surface irregularities. Not so on this handsome specimen! One PCGS AU55 recently came to public auction but the coin had striations around all of the edges, a rim bump on the reverse and a third of the date 1788 missing due to a poor strike. A classic example of you “buy the coin, not the holder!”

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