LOT #3203 |
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1839-O $2 1/2 HM-1, R.3, MS62+ PCGS. CAC....
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Sold on May 3, 2023 for:
$38,400.00
Bid Source: HA.com/Live bidder
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
View all of [The Early Aurum Collection. ]
Auction Info
2023 May 3 - 7 CSNS US Coins Signature® Auction #1359 (go to Auction Home page)
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
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