1842 $2 1/2 AU58 NGC....

Description

1842 Quarter Eagle, AU58
An Overlooked Absolute and Condition Rarity

1842 $2 1/2 AU58 NGC. The 1842 is an underrated early Philadelphia issue in the Coronet series with a meager mintage of only 2,823 pieces. In addition to an absolute rarity it is also a condition rarity. NGC has only certified four other pieces AU58 with one finer (5/21). The enormous holdings of Harry Bass' gold coins had multiples of most issues, but only one 1842 quarter eagle. This is a pleasing example with only the slightest signs of contact. Slightly soft definition is seen in the centers with a better strike around the margins.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25GG, PCGS# 7723, Greysheet# 8263)

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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