Pre-Long Beach US - page 299

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$2.50 Gold
1842-D $2.50 L
IBERTY
Enlargement
1862
1842-D
.
PCGS graded AU-53
. A legendary rarity among
Dahlonega Mint quarter eagles, the 1842-D was produced
to the extent of just 4,643 pieces. With only 75 to 85 coins
believed left, most of which are lower grades, the 1842-D
now ranks fifth in rarity in this D-mint gold series. It is thus
rarer in an absolute terms than the other Dahlonega Mint
quarter eagles with the exception of the 1840-D, 1854-D,
1855-D, and 1856-D. In high grades (AU and Mint State),
Winter accounts for no more than 10 survivors, all of which
he reports as AU. The major grading services confirm that
the 1842-D is almost unobtainable in Mint State, there
being no coins graded finer than AU-58 at PCGS. Along with
the 1856-D, the 1842-D is the second rarest Dahlonega
Mint quarter eagle in high grades after the 1840-D. Only a
few abrasions are reported, mostly on the obverse; the
rims are without bumps or other problems. Pleasant deep
golden color with some red accents when closely examined.
An important opportunity for the collector of Southern gold.
Pop 5; 12 finer, 7 in 55, 5 in 58
. (
PCGS # 7725
)
Estimated Value ........................................ $7,500 - 8,000
H
IGH
G
RADE
1843-C $2.50
Enlargement
1863
1843-C. Large Date, Plain 4
.
PCGS graded MS-64 PQ.
CAC APPROVED.
An interesting, conditionally rare Mint
State example. We note the digits of the date are boldly
repunched both high and low, as well as the "C" mintmark.
A condition rarity in any Mint State grade, let alone a near-
Gem, this pleasing coin boasts fully lustrous fields, attrac-
tive yellow-golden color and remarkably clean surfaces. The
strike is sharp on the stars and other peripheral details, but
some softness is noticed especially on the eagle's left (fac-
ing) leg. The fragile fields are free of significant bagmarks
or other distractions. A mintage of just 23,076 pieces was
recorded. The current offering is likely in the top 10 or
higher to have survived.
Pop 2; 1 finer in 65.
(
PCGS #
7728
)
Estimated Value .....................................$35,000 - 37,000
1864
1843-C. Large Date, Plain 4
.
PCGS graded AU-53
. The
1843-C Large Date quarter eagle is common in lower grades but
becomes considerably more difficult to locate as an AU. Traces
of luster reside in the recessed areas of this rich honey-gold
specimen. Generally well struck except for typical central soft-
ness, a characteristic of the issue. A nice minimally abraded
piece that will fit comfortably in a high-grade type collection.
Pop 7; 36 finer at PCGS.
(
PCGS # 7728
)
Estimated Value ..............................................$2,600 - 2,700
L
OVELY
M
INT
S
TATE
1849-C $2.50
Enlargement
1865
1849-C
.
PCGS graded MS-60
.
PQ.
A median rarity in
the Charlotte Mint Liberty quarter eagle series, the 1849-C
(10,220 coins struck) ranks 5th in overall rarity and 11th in
high-grade rarity among the 20 issues in this mintmarked
gold series according to Doug Winter. Properly graded AU
examples are rare, while Mint State survivors are very rare
and seldom offered at even the largest numismatic gather-
ings.
This piece is generally sharp in strike with only the eagle's
left (facing) leg on the reverse exhibiting mentionable soft-
ness of detail (as usual). A lustrous, frosty-to-semi-reflec-
tive texture is easily seen as the honey-gold surfaces rotate
under a light. There are few abrasions of note, and a hair-
line-thin graze in the lower-right obverse field between
stars 12 and 13 is the most readily evident pedigree
marker. Among the finest certified.
Pop 1; 2 finer, 1 in 62, 1 in 64.
(
PCGS # 7753
)
Estimated Value .................................... $20,000 - 22,000
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