FROM THE OAK COLLECTION The first year of issue for this denomination at the San Francisco mint, and like most coins that came out of the westernmost mint during the gold rush, the vast majority of the low mintage that fell off the dies went right into circulation in the wild west. The late David Akers and the Winter/Bowers reference note a mintage of 6,000, while Garrett and Guth, PCGS CoinFacts, and the Red Book list a mintage of 6,600. A small number survive of this original mintage in AU or higher grades, and is excessively rare in Mint State. Akers noted that aside from the 1873 Closed 3, the 1855-S appeared fewer times in his auction analysis and the average grade he listed was VF26. A quick glance at the grading service Population figures show most examples known today fall in the Fine to XF range, and AU examples are RARE indeed. This is a truly wholesome example with deep orange-red and coppery-gold patina, that is brought out by a bold, retained reflective nature to the luster. Just some minor wear on the highest points and in the fields from its brief stay in gold rush commercial channels. The eye appeal is honest, wholesome, and quite handsome indeed, and ideal example for the date and grade. Ex Heritage, April 2008, lot 3354; intermediaries, including Julian Leidman, by private sale, to the Oak Collection. PCGS 15, NGC 17, CAC 3. The most recent example sold in January 2020 for $8,100 and today the CAC CPG value is listed at $10,000. Just two dozen (no doubt including lots of duplication) have been graded higher at PCGS, the finest a single MS62+. CAC has only verified or approved four coins finer than AU53, 1 in AU55 and 3 in AU58. This ultra original and extremely attractive example is ideal for any collector. Good luck! Cert. Number 12725310 PCGS # 7973