1844-C $2 1/2 MS62 NGC....

Description

1844-C Quarter Eagle, MS62
Rare in Mint State

1844-C $2 1/2 MS62 NGC. Doug Winter notes public confidence in the privately minted coins issued by the Bechtler family had begun to diminish by 1844, increasing demand for Charlotte Mint coinage in the regional economy. Unfortunately, there was a fire at the Mint in July 1844 that halted coinage operations until October of 1846, leaving the small mintage of 11,622 quarter eagles struck in the first half of 1844 to satisfy the rising commercial demand for a full two years. As a result, the 1844-C was a widely circulated issue and high-quality examples are even more difficult to locate than the modest production total would suggest.

This impressive MS62 specimen shows luminous orange-gold surfaces, with minimal abrasions for the grade. This issue is known for softness of strike on the central devices, and this is seen only to a limited extent on this piece, which shows minor flatness on the eagle's feathers. In the context of the 1844-C, this coin is unusually high-end, representing an important opportunity for the Southern gold specialist.
Ex: New York Invitational U.S. Coin Signature (Heritage, 10/2014), lot 4958.
From The Utah Collection of Charlotte Gold Coinage. (Registry values: P2)

Coin Index Numbers: (NGC ID# 25GU, PCGS# 7735, Greysheet# 8347)

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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