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Lot
3850

1847-C $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:
Lustrous AU58 1847-C Two and a Half
1847-C $2 1/2 AU58 PCGS. Variety 8-F. The 1847-C is not only the most common quarter eagle from this mint, it is also among the best produced. This makes it an ideal date for the collector seeking a nice, affordable example for type purposes. This handsome AU58 is absolutely ideal as a type coin. It is mostly well struck with a sharp obverse and some minor weakness on the reverse that is localized to the right leg and talons. The surfaces are clean with no significant marks. The obverse has a few light hairlines on the lower portion of that side; the reverse shows light abrasions as expected for the grade. Close to three-quarters of the original mint luster can be seen and there is light friction only over the high spots. The color is a pleasing pale green-gold with an obverse toning spot at star 5. For less than $5,000 this is just about the nicest available quality for a Charlotte quarter eagle.
As many as 250-350 examples of the 1847-C are known. In AU, as many as 70-100 pieces exist with AU55 and AU58 pieces only moderately scarce by the standards of this series. An estimated 20-30 coins are known in Uncirculated, including a group of five or six properly graded MS64s.
From The Carolina Circle Collection.
(Registry values: P2) (NGC ID# 25H6, PCGS# 7745)

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