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Lot
2601

1840-O $2 1/2 AU58 PCGS. Mostly brilliant surfaces are highlighted by blushes of lemon-gold. Much original mint luster stil...

2006 February Long Beach Signature Auction #400

 
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Auction Ended On: Feb 10, 2006
Item Activity: 5 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Bright Near-Mint 1840-O Quarter Eagle
1840-O $2 1/2 AU58 PCGS. Mostly brilliant surfaces are highlighted by blushes of lemon-gold. Much original mint luster still survives around the stars, letters, numerals, and other design elements. Softly struck in areas; most prominently on the eagle's right leg (viewer's left) and his neck. The 1840-O has a moderately small mintage of 33,580 pieces, but really wasn't appreciated in the upper echelons of condition until David Akers wrote his United States Gold Coins: An Analysis of Auction Records series. The volume on quarter eagles appeared in 1975. Akers recognized the 1840-O as being scarce in all grades and an important rarity above the XF level, a perception that is still borne out today by the population report data published by the major grading services. Population: 7 in 58, 10 finer (12/05).(Registry values: P2) (NGC ID# 25GD, PCGS# 7720)

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