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Description

1839-O Quarter Eagle, HM-1, MS62+
Debut New Orleans Gold Coinage

1839-O $2 1/2 HM-1, R.3, MS62+ PCGS. CAC. The 1839-O quarter eagles were the first gold coins struck at the newly opened New Orleans Mint and they represent the sole Classic Head coins struck at the Southern facility, making the 1839-O a one-year type coin. An official 17,781-piece mintage is shown in the 2023 Guide Book, but that is thought to be too low by recent research included in Haynor-McCloskey's United States Classic Gold Coins of 1834-1839. Actual production could be close to double the stated mintage. In any case, the issue remains popular with branch mint gold collectors and type specialists alike. Two varieties exist for the 1839-O. The HM-1 die marriage -- with its High Date and Wide Fractional denomination -- accounts for about two-thirds of the total 1839-O population. The HM-2 variant is scarcer and features a Low Date and Close Fraction, as well as an unusual medal turn alignment. This borderline Select Mint State HM-1 displays lustrous, medium green-gold hues. The strike is bold except for the usual die lapping that fragments Liberty's hair curls and weakens the lower reverse devices. A few light abrasions are widely separated and minor, as witnessed by CAC's endorsement. Population (both varieties combined): 12 in 62 (1 in 62+), 11 finer. CAC: 3 in 62, 6 finer (3/23).
From The Early Aurum Collection.

Coin Index Numbers: (NGC ID# 25G7, Variety PCGS# 765181, Base PCGS# 7701)

Weight: 4.18 grams

Metal: 89.92% Gold, 10.08% Copper


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Auction Info

Auction Dates
May, 2023
3rd-7th Wednesday-Sunday
Bids + Registered Phone Bidders: 24
Lot Tracking Activity: N/A
Page Views: 432

Buyer's Premium per Lot:
20% of the successful bid 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

Sold on May 3, 2023 for: $38,400.00
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