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Lot
2531

1855-D $2 1/2 AU55 PCGS....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 6, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Important 1855-D Quarter Eagle Rarity, AU55
1855-D $2 1/2 AU55 PCGS. Variety 18-M. Production of D-mint quarter eagles continued to decline in 1855 to a diminutive mintage figure of just 1,123 pieces. The 1855-D is considered to be the rarest, or least tied for that honor with the even lower-mintage 1856-D, as the most elusive Dahlonega issue of the denomination. In addition to the extremely low output, it is also one of the poorest-produced D-mint quarter eagles. AU and finer examples are unquestionably scarce and of the utmost importance to Southern gold specialists.
Both sides of this elusive Dahlonega issue are toned in rich copper-gold hues, with a few isolated steel-blue highlights. Although well struck over the central devices, there is extensive crumbling along the denticles in addition to small laminations and hairline cracks in the vicinity of stars 6 through 8. Population: 9 in 55, 3 finer (12/08).
From The Grand Lake Collection.(Registry values: P2) (NGC ID# 25J6, PCGS# 7776)

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