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Lot
3821

1840-O $2 1/2 AU58 PCGS....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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Auction Ended On: Jan 11, 2008
Item Activity: 6 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Bright AU58 1840-O Two and a Half
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 the neck. The 1840-O has a moderately small mintage of 33,580 pieces, but really was not 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 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: 5 in 58, 10 finer (12/07).(Registry values: P2) (NGC ID# 25GD, PCGS# 7720)

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