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Lot
3269

1846-C $2 1/2 MS62 NGC....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
Sold for: $16,100.00 (includes BP )
Bid Source: Internet bidder
Auction Ended On: Sep 19, 2008
Item Activity: 6 Internet/mail/phone bidders
1,728 page views

Description:

Incredible 1846-C Quarter Eagle, MS62

1846-C $2 1/2 MS62 NGC. Winter 7-F. The 1846-C is a very scarce coin in any grade with only 4,808 pieces struck, and high grade examples are especially difficult. Once again (as in 1844), the fire that closed down the Charlotte mint for a year and a half is responsible for the dearth of collectible examples of this issue. It is also presumably responsible for the extensive die rust seen on each side of all surviving 1846-C quarter eagles. After the fire in July 1844, the dies lay around unused and rust accumulated on their surfaces, which of course transferred to each of the coins of this issue. Only four or five pieces are believed known in Mint State and this coin is tied with several others as fourth finest known on the Condition Census. The striking details are not complete but better than one might imagine given the state of the dies used. The surfaces are bright overall with lighter green-gold color that shows an attractive intermingling of orange. Distinguished by a shallow scratch above star 12, which should be helpful for pedigree purposes.
Ex: 2001 Long Beach Sale (Heritage, 2/01), lot 6859, where it brought $23,575.
From The Mississippi Collection.(Registry values: P2) (#7741)

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Bidding Guidelines and Bid Increments

Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1128, Lot 1222 Sunday, August 2, 2009 62 NGC $13,800.00
Auction 1122, Lot 2469 Sunday, February 8, 2009 62 NGC $13,225.00
Auction 195, Lot 7756 Friday, January 8, 1999 62 PCGS $32,200.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
61 --- $19,690 $15,750 $14,250 $14,500 $23,500 ---
62 $25,000 $24,050 $18,500 $16,500 $16,750 $28,000 $30,000
63 $36,500 $40,630 $31,250 $28,500 $29,250 $42,000 $46,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 4,808 Christian Gobrecht
NGC 62 2 1 60 -
CAC 62 0 0 1 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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