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1855-C $2 1/2 MS62 NGC....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

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Auction Ended On: Jan 10, 2008
Item Activity: 4 Internet/mail/phone bidders
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Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Second Finest Known 1855-C Quarter Eagle, MS62
1855-C $2 1/2 MS62 NGC. Variety 16-I. "When I first saw this coin I let out an audible gasp," wrote Doug Winter. It is a breathtakingly lovely quarter eagle that is certainly one of the highlights of the Carolina Circle Collection. The overall quality of strike is better than average for the date, and the central obverse shows reasonably good detail.
The best features of this coin, though, are its blazing luster with glowing, unbroken mint frost seen on both sides and lovely natural coloration that combines rich rose-gold and orange-gold hues. The surfaces are also far choicer than one might expect with just a few light nicks visible below a glass. There are no hairlines or mint-made planchet irregularities. This is a simply superb example of one of the rarest quarter eagles from this mint, and a coin that should really be carefully examined in person to determine its proper grade and true value.
Only 3,677 pieces were struck, giving this the lowest mintage figure of any quarter eagle produced at the Charlotte Mint. The 1855-C remains one of the rarest dates in the series based on overall rarity, but it is slightly more available in higher grades than generally realized. We are aware of the following coins that grade Uncirculated:

-Bass II (Bowers and Merena, 10/1999), lot 476 ($41,400; as PCGS MS64). This coin no longer appears in the PCGS database; it was upgraded to MS65 at NGC but does not appear in the NGC Census figures.

-Private collection, Ex: Harry Laibstain, ca. 2000-2001. Graded MS64 by NGC.

-Carolina Circle Collection. Graded MS62 by NGC.

-Kansas Collection. Graded MS62 by PCGS.

-Heritage 2/2006, lot 2646 ($28,175). Graded MS62 by PCGS.

-Heritage 6/2007, lot 2179 ($25,300). Graded MS62 by NGC.
From The Carolina Circle Collection.(Registry values: P2) (NGC ID# 25J5, PCGS# 7775)

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