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Lot
4011

1855-D $2 1/2 MS61 NGC....

2009 January Orlando, FL FUN Auction #1121

 
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‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.
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Auction Ended On: Jan 8, 2009
Item Activity: 2 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Attractive 1855-D Quarter Eagle
MS61, One of Two Finest Certified
1855-D $2 1/2 MS61 NGC. Variety 18-M. The only variety known of this year. The 1855-D quarter eagle, having a mintage of 1,123 pieces, is the second rarest issue behind the 1856-D two and one-half dollar (Douglas Winter, Gold Coins of the Dahlonega Mint, 1838-1861, Second Edition, p. 131). Winter goes on to say that the '55-D is also the second rarest coin struck at this mint in terms of the total number of pieces which exist. When available, it is most often seen in Very Fine condition. Coins grading higher are rare to extremely rare.
NGC/PCGS population data underscore the rarity of the 1855-D quarter eagle. The two services have certified 54 examples, ranging in grade from Fine 12 to MS61. Three pieces are given an MS60 rating, and two MS61 (both NGC). The offering in the present lot is thus one of the two finest known.
Winter indicates that the 1855-D is one of the more poorly struck Dahlonega quarter eagles. Our example displays sharp definition on Liberty, save for the usual softness in the curl above the ear. The stars are also strong, with all exhibiting complete radial line detail. The eagle's left (facing) leg is weak, as always, but most of the remaining detail is fairly sharp. Typically weak dentilation is noted on the reverse, but about two-thirds of the segments are visible on the obverse.
A medley of attractive apricot-gold and mint-green patina runs over both sides, each of which is accented with whispers of lilac. Minimal marks are visible on surfaces that retain a fair amount of luster for the grade designation.(Registry values: P2) (NGC ID# 25J6, PCGS# 7776)

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