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    Description

    1839-D Classic Head Quarter Eagle, MS62+
    One-Year Dahlonega Type Coin
    Branch Mint Condition Rarity

    1839-D $2 1/2 MS62+ PCGS. Winter 1-A, Variety 26, R.3. The 1839-D is the only Classic Head quarter eagle from the Dahlonega Mint. It is also the only Dahlonega issue of any type with the short-lived obverse mintmark, positioned between the date and the bust. Type collectors and southern gold specialists alike seek this issue in all grades, although the majority of the survivorship is well-circulated. The Dahlonega Mint was founded to serve the local mining community, striking federal coinage for local commerce. Virtually all coinage was done with locally mined ore, and that coinage almost always went immediately into circulation upon its return to depositors.

    Few examples were saved by contemporary collectors, as there was little numismatic interest in branch mint issues before A.G. Heaton published his groundbreaking treatise on the subject in 1893. Even prominent dealers, like Edward Cogan, had little understanding of branch mint issues at the time and frequently misidentified them as Philadelphia specimens in auction descriptions if the mint mark was on the reverse. When the mintmark was positioned in a "can't miss" location on the obverse, as on the 1839-D, some really bizarre descriptions resulted. In an amazing distortion of numismatic history, Cogan described the 1839-D in lot 207 of his Mendes I. Cohen Collection (Cogan, 10/1875) as, "1839 Denver Mint. Fine and scarce." Apparently, Cogan had the ability to read the future, as this was printed 31 years before the Denver Mint opened in 1906. There was probably no one outside of Native Americans and a few trappers living in the area that would later become the city of Denver when this coin was struck in 1839.

    This Mint State 1839-D quarter eagle is conditionally rare, and just a few finer pieces are known. It is generally sharp, although the usual weak point on the left shield corner is noted. Satiny peach-gold surfaces are lightly marked and lustrous with good eye appeal. Population: 8 in 62 (1 in 62+), 4 finer (11/19).(Registry values: P4)

    Coin Index Numbers: (NGC ID# 25G5, PCGS# 7700)

    Weight: 4.18 grams

    Metal: 89.92% Gold, 10.08% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    January, 2020
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 414

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Classic Head Quarter Eagles Die Variety Guide

    The series of Classic Head quarter eagles issued from 1834 to 1839 includes 28 different individual die varieties. To date nothing has been published regarding each of the varieties. This guide provides identification and photos of the individual varieties with an of rarity for each variety.

    Download the guide

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