1850-D $2 1/2 MS61 NGC. Variety 13-M. The only known die variety of this year. Struck from lightly clashed dies, with a few...

Description

Nice Uncirculated 1850-D Quarter Eagle, MS61 NGC

1850-D $2 1/2 MS61 NGC. Variety 13-M. The only known die variety of this year. Struck from lightly clashed dies, with a few clash marks over the eagle's right shoulder.
The obverse shows a nice amount of detail, while the reverse has some minor weakness on the eagle's left leg and right claw. There are just a few small, well-scattered marks on the surfaces and a few hairlines that are not the result of cleaning. For the sake of future pedigree information, we feel compelled to mention a few small abrasions over the tip of the coronet on the obverse. Both sides are toned in medium green-gold shades, with some tinges of orange-gold on the high spots.
There were 12,148 examples struck of the 1850-D, of which an estimated 125-150 are known today. This is the 12th scarcest of 20 Dahlonega quarter eagles in higher grades. Three to four dozen exist in AU, and another four to six are known in Uncirculated. The NGC population figure is extremely distorted as the result of a naughty coin dealer (you know who you are ...) resubmitting an example and then "forgetting" to turn in the old inserts. NGC currently shows 12 graded in MS61, but the actual number of distinct coins is probably more in the area of three or four pieces. The present example is clearly among the finest known, but it is not listed on the current Condition Census.
From The Duke's Creek Collection of Dahlonega Gold.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HJ, PCGS# 7757, Greysheet# 8363)

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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