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Lot
2442

1840-O $2 1/2 MS61 NGC....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 6, 2009
Item Activity: 4 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Desirable MS61 1840-O Quarter Eagle
1840-O $2 1/2 MS61 NGC. The year 1840 saw the introduction of the Liberty Head redesign by Christian Gobrecht with quarter eagles produced at four mints, Philadelphia, Charlotte, Dahlonega, and New Orleans. The latter produced the lion's share of the quarter eagles, at more than 33,000 coins, but today the issue is nonetheless scarce in all grades and rare in AU or finer. In MS61 the present piece is one of seven so certified at NGC, with six finer, the finest a lone MS63 (12/08). Though the present example shows a degree of the usual central striking softness, the luster of the butter-yellow surfaces is substantially above-average. Both sides show fewer marks than the grade might suggest, and the eye appeal is high for the issue. Attractive and notable.
From The Grand Lake Collection.(Registry values: P2) (NGC ID# 25GD, PCGS# 7720)

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