1847-C $2 1/2 MS64 PCGS....

Description

Near-Gem 1847-C Quarter Eagle, MS64
Tied for Finest Known

1847-C $2 1/2 MS64 PCGS. Variety 8-F. Collectors are fortunate indeed that the 1847-C quarter eagle has a generous mintage compared to most C-mint quarter eagles, at 23,226 coins. They are doubly fortunate, in that the issue is also much better-produced than the typical C-mint quarter eagle. Mint State examples are nonetheless rare, but Winter points out that they are "far more available in Uncirculated grades than any other quarter eagle from this mint." Winter estimates that 16-18 coins are Mint State, and lists numerous MS64 pieces at the top of his Condition Census from 1998. The situation a decade later appears virtually unchanged, as both NGC and PCGS cite a handful of near-Gems at each service as the finest certified (12/08).
The partially prooflike fields of this near-Gem example establish modest contrast with the motifs when the coin is tilted slightly beneath a light source. Sharp definition characterizes the design features, including the hair around Liberty's ear, an area that is often weak on this issue. Close inspection reveals no marks of consequence. This is significant to the present coin, because Winter states that: "Most ... are liberally abraded with conspicuous detracting marks in the fields." Pleasing light yellow-gold color adorns both sides, each of which yields a slight greenish cast. This coin exudes great overall eye appeal, and is sure to please the new owner. Population: 6 in 64, 0 finer (12/08).
From The Grand Lake Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25H6, PCGS# 7745, GSID# 8355)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 23,226

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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