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Lot
4661

1846-O $2 1/2 MS64 NGC. Variety 2....

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160

 
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Auction Ended On: Oct 14, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: David L. Lawrence Convention Center
1000 Ft. Duquesne Blvd.
Pittsburgh, PA 15222

Description:
Magnificent 1846-O Quarter Eagle, MS64
Rare at This Level of Preservation
1846-O $2 1/2 MS64 NGC. Variety 2. The mintage of 62,000 pieces for the 1846-O quarter eagle belies its true scarcity. Only 150 to 175 examples are known today in all grades, of which a mere nine to 12 are Mint State. The finest known is an MS66 from the Pittman Collection.
The bright yellow-gold surfaces of this magnificent near-Gem have a light overlay of reddish patina and display resplendent mint luster, along with a hint of semiprooflikeness in the fields. The strike is notably soft in the central areas of each side, a characteristic of nearly all 1846-O quarter eagles. A few light marks are insignificant. This is a noteworthy attribute because the 1846-O is among the most difficult quarter eagles to locate with clean surfaces. NGC and PCGS have graded only two near-Gems, and NGC a solitary piece finer (9/11).
From The Baltimore Collection, Part Two.(Registry values: P2) (NGC ID# 25H4, PCGS# 7743)

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