1848-C $2 1/2 AU58 NGC....

Description

Pleasing AU58 1848-C Two and a Half

1848-C $2 1/2 AU58 NGC. Variety 9-F. The 1848-C quarter eagle is a puzzling and enigmatic issue. In lower grades it is among the more available coins in the series, but in AU it is rare, and Mint State pieces are virtually unknown. "Interestingly, this was the only quarter eagle in the famous Elrod collection which did not grade at least About Uncirculated-50," according to Winter's Gold Coins of the Charlotte Mint: 1838-1861. Winter in 1998 listed an MS63 uncertified, two MS61 (one each at NGC and PCGS), and an MS60 PCGS atop his Condition Census, followed by numerous AU58 coins. Today NGC shows five MS62 as the finest, while PCGS lists one MS62 and two MS61 coins as the only Mint State coins at that service (12/08). The present example has bright yellow-gold surfaces with a reasonably strong strike, only showing the usually expected softness in the centers. An extraordinarily clean, problem-free example.
From The Grand Lake Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HB, PCGS# 7750, Greysheet# 8358)

Weight: 4.18 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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