1854-C $2 1/2 MS62 CACG. Variety 1....

Description

1854-C Liberty Quarter Eagle, MS62
Only One Example Finer

1854-C $2 1/2 MS62 CACG. Variety 1. Quarter eagle production at the Charlotte Mint was low throughout the 1850s. None were struck at all there in 1853. The following year saw a modest production of 7,295 pieces, making the 1854-C an elusive issue in all grades. Few of these coins were saved by contemporary collectors and most survivors seen are in the VF-XF grade range. Mint State representatives are rare. Currently, PCGS has certified five coins in MS62 with one finer, while NGC has graded seven examples in MS62, one of them in MS62+, with none finer. Only one coin in this grade and one finer carry CAC green stickers, while the present offering is the lone slabbed CACG coin in this grade (12/23).

This impressive MS62 example displays a typical strike for the issue with a touch of softness on the central reverse. The pleasing orange-gold surfaces are lustrous and lightly marked. The outstanding quality and eye appeal are attested to by its residence in a CACG holder. CAC (stickered and slabbed): 2 in 62, 1 finer (12/23).
Ex: Summer FUN Signature (Heritage, 7/2021), lot 3081, realized $36,000; Estate of Mike Coltrane Collection (Heritage, 11/2022), lot 3069, realized $33,600.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HY, PCGS# 7770, Greysheet# 8372)

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.