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2104

1858-C $2 1/2 MS63 PCGS....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 7, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Exceptional 1858-C Quarter Eagle, MS63
Believed Among the Three Finest Known
1858-C $2 1/2 MS63 PCGS. Variety 1, (formerly Variety 18-J). The 1858-C is an isolated issue that probably saw extensive circulation because no quarter eagles were produced at the Charlotte Mint in 1857 or 1859. Nevertheless, this issue is the second most readily obtainable C-mint quarter eagle from the 1850s despite a paltry original mintage of 9,056 coins. It is usually seen in XF-AU, and there are probably only 15-25 coins in mint condition, none of which are finer than the present specimen. In his latest reference on the series (Zyrus Press, 2008), Winter lists three MS63 PCGS coins at the top of the Condition Census for this issue. This coin is well defined for a product of the Charlotte Mint, although there are a few areas of bluntness over the eagle's portrait. Both sides are bright with glowing fields and a predominantly orange-gold appearance. There are a few swirls of copper patina over the lower obverse and the upper left reverse. Two pedigree identifiers stand out on the coin when it is examined with a loupe: a small planchet void in the reverse field above the tip of the olive branch, and shallow, irregularly shaped area of planchet flaking to the left of the eagle's neck.
From The Cherokee County Collection, Part One.(Registry values: P2) (NGC ID# 25JH, PCGS# 7787)

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