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Lot
2470

1846-C $2 1/2 MS63 PCGS....

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

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

Long Beach, CA

Description:
1846-C Quarter Eagle, MS63, Ex: Dingler
High in the Condition Census
1846-C $2 1/2 MS63 PCGS. Ex: Dingler. Variety 7-F. This is the plate coin in the second edition of Doug Winter's reference. After the Charlotte Mint fire of 1844, no more quarter eagles were produced until 1846, and the total production in that year was a scant 4,808 coins, the second lowest for any C-mint quarter eagle. The pent-up demand ensured that most examples of the 1846-C quarter eagle circulated widely. Today most survivors are only Very Fine or lower, and strictly graded XF45 coins are rare. Winter estimates that only three or four Mint State specimens exist, and places the present piece as No. 2 in his 1998 Condition Census for the issue. Today PCGS has certified one coin finer, an MS64, with this MS63 the second finest certified at that service. NGC has certified a single MS63 as their finest (12/08).
The present piece is extremely well struck, with good detailing on the peripheral stars and all of Liberty, save for the hair immediately surrounding the ear. The reverse shows only minor softness on the eagle's left (facing) leg. Both sides have vibrant yellow-gold luster with reflective fields. Some surface roughness at the top and bottom of the obverse and scattered about the reverse is strictly mint-made, the result of roughness or rust on the die.
Ex: Winthrop Carner; Paul Dingler Collection (3/1994).
From The Grand Lake Collection.(Registry values: P2) (NGC ID# 25H2, PCGS# 7741)

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