1848-D $2 1/2 MS62 NGC. Variety 10-M. Reverse of 1847. This is the more common of the two varieties known for the year.. ...

Description

An MS62 Example of the 1848-D Quarter Eagle

1848-D $2 1/2 MS62 NGC. Variety 10-M. Reverse of 1847. This is the more common of the two varieties known for the year.
Sharply struck, with choice surfaces and medium to deep orange-gold color on the obverse and the reverse. This is another issue that tends to come with comparatively good eye appeal, making it an excellent candidate for a type set.
In 1848, the Dahlonega Mint produced 13,771 quarter eagles. There are around 200 known today, with close to three-quarters of these in the VF to XF grade range. AU coins are scarce, although they are more available than most Dahlonega quarter eagles of this era. There are as many as a dozen known in Uncirculated, with many of these in the MS60 to MS61 range. The finest known example is the Green Pond: 1026 coin that sold for $23,575 in Heritage's January 2004 auction. On the Condition Census, the Duke's Creek coin is listed as the second finest known, and it is clearly nicer than the other pieces that are graded MS62 by NGC and PCGS.
This would make an ideal coin for the collector seeking a single higher grade, well-produced Dahlonega quarter eagle for a type set.
Ex: Bowers and Merena (1/92), lot 1359, where it brought $13,200; Hancock and Harwell.
From The Duke's Creek Collection of Dahlonega Gold.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HC, PCGS# 7751, Greysheet# 8359)

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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