There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
3411

1848 $2 1/2 CAL. AU58 NGC. The 1848 CAL. quarter eagle is always popular as a reminder of the historic, rough-and-tumble Ca...

2007 January Orlando, FL (FUN) Signature Coin Auction #422

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 4, 2007
Item Activity: 7 Internet/mail/phone bidders
718 page views
Location: Orlando, FL
Description:
Brilliant Near-Mint 1848 CAL. Quarter Eagle
1848 $2 1/2 CAL. AU58 NGC. The 1848 CAL. quarter eagle is always popular as a reminder of the historic, rough-and-tumble California Gold Rush era in the American West. Many collectors including the present cataloger (GH) consider this coin to be the United States' first commemorative coin, although it is not a coin with an entirely new design conceived specifically to commemorate a person or event. The CAL. stamped onto the dies to commemorate the first shipment of California gold to the U.S. Mint in Philadelphia appears to be, rather, an expedient, one calculated to both observe the event and yet produce coins from the new source of gold as quickly as possible. Since only 1,389 quarter eagles were manufactured, the issue far overshadows the 1848 (no CAL.) quarter eagle, also a low mintage issue that is (understandably, since the special nature of the CAL. pieces ensured that many more would be carefully preserved) far more elusive in Mint State--if hardly as popular and in demand.
The current combined NGC/PCGS population data suggest that the 1848 CAL. coins were indeed recognized early on as something special, as the average grade for certified pieces is in the range of AU55 to AU58. In AU55 both services combined have certified 10 coins, with 11 in AU58. There are 44 coins (or grading events) certified in Mint State, including three pieces in MS68! The current specimen offers brilliant orange-gold surfaces with much luster remaining. The well-struck example shows light evidence of a short stay in circulation, but no singular distractions. Census: 6 in 58, 21 finer (12/06).
From The Twin Hollows Collection.(Registry values: P2) (NGC ID# 25HA, PCGS# 7749)

View all of [The Twin Hollows Collection ]
View large image(s) of this item

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
888,502
bidder-members
$982,181,535
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 32 days left to consign to the 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando!
Learn About Consigning With Us
You treated me with honesty and respect, and my Heritage experience is very positive.
P.F.,
Puyallup, Wa
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
REALIZED $11,171,560
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,060,348
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,806,473