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Lot
4752

1847-C $2 1/2 MS64 NGC. CAC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 5, 2012
Item Activity: 7 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
Near-Gem 1847-C Quarter Eagle
Exceptional Quality, CAC Approval
1847-C $2 1/2 MS64 NGC. CAC. The 1847-C quarter eagle is a common issue by Charlotte standards and it is perhaps the best-made coin ever produced by this facility. Thus, it is perfect for use in a high-quality type set. It is likely that this lovely borderline Gem will wind-up in a type set as it is a fresh, frosty example that has a strike as sharp as one could hope for. There are a few tiny marks seen in the obverse fields; the reverse is Gem quality. This is the only Charlotte quarter eagle that is available in this grade with any degree of regularity. Given the fact that a nice MS64 generally trades in the $20,000 range, it is not an unrealistic purchase for many collectors.
The 1847-C is the most common Charlotte quarter eagle both in terms of overall and high-grade rarity. There are as many as three or four dozen known in all grades of Uncirculated. There are still no Gems accounted for but there are at least a half dozen properly graded MS64s, of which this is one.
Ex: Long Beach Signature (Heritage, 5-6/2007), lot 2165; FUN Signature (Heritage, 1/2010), lot 2101, where it brought $19,421.
From The Cherokee County Collection.(Registry values: P2) (NGC ID# 25H6, PCGS# 7745)

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