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Lot
5216

1846-C $2 1/2 MS64 PCGS. Variety 1....

2012 April 18-22 US Coins & Platinum Night CSNS Signature Auction- Schaumburg #1169

 
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Auction Ended On: Apr 19, 2012
Item Activity: 4 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Near-Gem 1846-C Quarter Eagle
The Eliasberg-Bass Coin
1846-C $2 1/2 MS64 PCGS. Variety 1. Sole dies for the year. This piece previously appeared in the 2001 Atlanta ANA Auction as lot 7610, with a couple of prior Heritage appearances. We described it then essentially as follows:
"Even though it successfully reopened after the July 28, 1844 fire, the Charlotte Mint managed to strike only 4,808 quarter eagles in 1846. This coin exhibits a typically strong strike with a remarkable amount of detail displayed on the hair, star radials, and feathers. The eagle's left (facing) leg, however, is slightly flat. The bright, yellow-gold surfaces carry abrasions that befit a Choice specimen, with only one worthy of singular mention, that being located on Liberty's cheek. Since the mint used heavily rusted dies to coin this issue, regions of granularity are evident around the date, within portions of the legends on the reverse, and around the upper obverse rim. A prized condition rarity from the Tar Heel state that belongs in a superior collection of Charlotte gold coinage."
No appreciation of this coin, however, is complete without its impressive pedigree dating back more than a century. It is presented below.
Ex: David Wilson Sale (S.H. Chapman, 3/1907); John H. Clapp, later Clapp Estate (1942); Louis E. Eliasberg, Sr.; U.S. Gold Coin Collection (Bowers and Merena, 10/1982), lot 137; Harry W. Bass, Jr.; Bass II (Bowers and Merena, 10/1999), lot 381; various intermediaries; Atlanta ANA (Heritage, 8/2001), lot 7610.(Registry values: P2) (NGC ID# 25H2, PCGS# 7741)

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