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Lot
5331

1855-C $2 1/2 AU58 NGC. Variety 1....

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

 
Sold for: Not Sold
Auction Ended On: Apr 28, 2011
Item Activity: 4 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
1855-C Two and a Half, AU58
Among the Most Difficult Series Issues
1855-C $2 1/2 AU58 NGC. Variety 1. This legendary Charlotte quarter eagle has the lowest individual mintage in the series (3,677 pieces); it has the second-lowest mintage of any C-mint two and a half, only trailing the 1843-C Small Date; and it is one of the rarest Charlotte quarter eagles overall, with only 85-105 examples believed known. Just over two dozen AU coins are believed to have survived. True to its reputation as "one of the two most poorly struck Charlotte quarter eagles produced in the 1850s," according to Doug Winter, this representative shows virtually all design elements softly defined. However, there is no problem with the AU58 grade when one judges the coin by remaining luster. The surfaces are bright overall with a tinge of reddish patina. Both the fields and devices are remarkably clean for this normally heavily abraded issue. This is one of the finest 1855-C quarter eagles on the market today, and at this grade level it represents excellent value.(Registry values: P2) (NGC ID# 25J5, PCGS# 7775)

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