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Lot
9006

1854-D $2 1/2 MS60 PCGS. Ex: Chestatee Collection. ...

2004 January Long Beach Signature Sale #342

 
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Auction Ended On: Jan 30, 2004
Item Activity: 7 Internet/mail/phone bidders
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Description:
Third Finest Known 1854-D Quarter Eagle, MS60, Ex: Chestatee
1854-D $2 1/2 MS60 PCGS. Ex: Chestatee Collection. Variety 17-M. (per Doug Winter's second edition and revised attribution system). Very rare in all grades with an original mintage of only 1,760 pieces. It is believed that only 65-75 pieces are extant today in all grades with a mere 5-6 pieces in Uncirculated. This piece is very well manufactured for an issue that is nearly always found on a poor quality planchet. The surfaces are free of mint-made defects and both sides are overlaid with pleasing, lightly mottled golden pastel colors. A suggestion of reflectiveness can be seen on the obverse. There is no wear or friction noted on the high spots and if the reverse showed a bit more "flash," this piece could have graded a point or two higher. A very desirable coin, regardless of what the "plastic" says it grades, due to its originality and eye appeal.
We are aware of four Mint State 1854-D quarter eagles. These are as follows:
1. Duke's Creek Collection, Ex: Heritage 2/99: 6177; Miller Collection. Graded MS 62 by PCGS.
2. Georgia collection, Ex: Heritage 1999 FUN: 7655, North Georgia Collection. Graded MS 61 by PCGS.
3. This coin, Ex: Chestatee Collection. Graded MS 60 by PCGS.
4. Private collection Ex: David Akers' John Jay Pittman Sale, Part Two (May, 1998): 1781, Abe Kosoff's Melish Sale (April, 1956): 1218. Graded MS 61 by NGC. (#7771) (Registry values: P2) (NGC ID# 25HZ, PCGS# 7771)

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