1847-D $2 1/2 MS65 NGC. Variety 9-M. The only variety of the year. Intermediate die state with the 847 in the date lightly ...

Description

The Single Finest Known Dahlonega Quarter Eagle of any Date

1847-D $2 1/2 MS65 NGC. Variety 9-M. The only variety of the year. Intermediate die state with the 847 in the date lightly repunched at the bases.
In 2003, Doug Winter wrote the following about this coin: "There are currently no Dahlonega quarter eagles that have been graded MS65 by PCGS or NGC. If one does achieve this coveted level, it will probably be the 1847-D in the Duke's Creek collection." Bang the drums, blow the trumpets ... NGC has graded the Duke's Creek 1847-D quarter eagle MS65.
The 1847-D is generally one of the best produced quarter eagles from this mint. The strike tends to be sharp and, for some reason, there are more pieces known with exceptional color than for any other date in this series. Even by these standards, this coin stands above any other Dahlonega quarter eagle we have seen. The surfaces are nearly flawless, and the strike is as sharp as one would expect to see on a Philadelphia coin of this era. Perhaps the most impressive aspect is the rich coloration. It is a vivid, deep gold, with strong flashes of rose at the left reverse border. The eye appeal can really only be appreciated by a viewing in person.
This is the first auction appearance of this coin. It initially appeared on the market in the late 1980s and it has quietly resided in private collections since then. The advanced collector who truly wants "the best" should seriously pursue the Duke's Creek 1847-D, as it is likely the single finest known quarter eagle of any date from this mint.
As a basis of comparison, the second finest known 1847-D is a nice PCGS MS64 that was sold by Heritage as part of the Green Pond Collection, lot 1024, where it brought $39,100. As one of only two certified MS65s of any date (the other is an 1851-D that is offered later in this sale), this coin should certainly be worth considerably more, and it may set an auction record for any Dahlonega quarter eagle.
Ex: Leon Farmer Collection; Hancock and Harwell. This is the pl(Registry values: P2)

Coin Index Numbers: (NGC ID# 25H7, PCGS# 7746, Greysheet# 8356)

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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