1839-D $2 1/2 MS62 PCGS....

Description

Venerable MS62 1839-D Quarter Eagle

1839-D $2 1/2 MS62 PCGS. Variety 1-A, Weak Stem. The year 1828 marked the beginning of the first gold rush in America, two decades before the "Days of '49" in California. Although North Carolinians had been finding small quantities of gold since the late 18th century, in 1828 the publicity over gold strikes in Northern Georgia and North Carolina accelerated, sparking the largest wave of gold prospectors seen in the nascent United States up to that time.
Private coiners Templeton Reid in Georgia and the Bechtlers in North Carolina began issuing private gold coinage in 1830 and 1831, respectively, but the better part of a decade would pass before the U.S. Mint established its first Southern branches in New Orleans, Charlotte, and Dahlonega, all of which came online in 1838. Among the branch mints only Charlotte struck quarter eagles in 1838, while all four existing mints (including Philadelphia) struck the denomination in 1839, the last year of the Classic Head design with obverse mintmark, creating a particularly popular type among Southern gold enthusiasts.
Regarding the present example, the surfaces have a consistent, attractive antique-gold coloration, with a few stray marks but fewer than expected for the grade. The strike is well executed. There are several light "bars" through the ear of Liberty, die clashing caused by the horizontal lines of the reverse shield. Population: 6 in 62, 4 finer (3/09).(Registry values: P4)

Coin Index Numbers: (NGC ID# 25G5, PCGS# 7700, GSID# 8260)

Metal: 89.92% Gold, 10.08% Copper
Weight: 4.18 grams
AGW: 0.12084oz
Mintage: 13,674

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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