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Lot
5332

1855-D $2 1/2 AU53 NGC. Variety 18-M....

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

 
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Auction Ended On: Apr 28, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
1855-D Quarter Eagle, AU53
Exceptionally Low-Mintage Rarity
Only 1,123 Pieces Struck
1855-D $2 1/2 AU53 NGC. Variety 18-M. The rarity of the 1855-D quarter eagle is attributable to its extraordinarily low mintage of only 1,123 pieces. Its rarity is only exceeded by the 1856-D, which had an even lower production run (874 coins). Only 45-55 coins are believed extant in all grades, and predictably AU examples are of the highest rarity with only 10-12 pieces believed known. Several AU55s are tied at the lower end of the Condition Census. This attractive AU53 has slight high-point friction and there are noticeable remnants of mint luster remaining, especially around the reverse devices. The strike is soft in the centers, a somewhat unusual occurrence since most 1855-D quarter eagles are stronger in the centers than the margins. Deep reddish-gold color is seen over most of each side. Each side is minimally abraded, but several planchet voids are scattered over the rims on both sides.
From The Orchid Collection.(Registry values: P2) (NGC ID# 25J6, PCGS# 7776)

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