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Lot
6102

1858-C $2 1/2 MS63 PCGS. Variety 18-J, the only dies. By ...

2004 March Portland, OR Signature Sale #344

 
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Auction Ended On: Mar 26, 2004
Item Activity: 1 Internet/mail/phone bidders
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Description:
Rare Select 1858-C Quarter Eagle, None Graded Finer
1858-C $2 1/2 MS63 PCGS. Variety 18-J, the only dies. By the late 1850s, the North Carolina gold mines had mostly been played out, and the production of Charlotte Mint Quarter Eagles became less frequent. None were issued from that mint in 1857 or 1859, and just 9,056 pieces were struck in 1858. The average grade among survivors is XF, and Mint State examples number fewer than 10 pieces. In his book Gold Coins of the Charlotte Mint: 1838-1861, Winter lists six MS62 PCGS coins at the top of the Condition Census for this issue, and a total of three coins, 2 at PCGS and 1 at NGC, have now been certified as MS63 (2/04). Mint State examples are very rare and under strong demand from Southern gold specialists. Aside from a pair of vertical planchet streaks (as made) on the eagle, the strike is decidedly above average, and the surfaces are refreshingly unmarked aside from a wispy slide mark on Liberty's cheek. Tiny planchet flaws (as struck) below the eagle's head and right (facing) wing are typical of C-mint gold coins of this era. Population: 3 in 63, none finer (1/04). (#7787) (NGC ID# 25JH, PCGS# 7787)

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