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Lot
4797

1849 $2 1/2 MS62 PCGS....

2012 May 30- June 3 US Coins Signature Auction- Long Beach #1171

 
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Auction Ended On: Jun 1, 2012
Item Activity: 6 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Scarce 1849 Quarter Eagle, MS62
1849 $2 1/2 MS62 PCGS. The 1849 is an unheralded rarity in Mint State, primarily due to its low mintage of 23,294 pieces. Far more 1849 gold dollars were struck, since they were needed in commerce to replace hoarded silver coinage. This clean and mildly prooflike example has minor incompleteness of strike on the eagle's leg, and the fields have the expected moderate marks. Population: 4 in 62, 7 finer (4/12).
Ex: Houston Signature (Heritage, 12/2008), lot 1846, which realized $4,600.(Registry values: P2) (NGC ID# 25HD, PCGS# 7752)

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