1839-O $2 1/2 MS61 NGC....

Description

Attractive 1839-O Quarter Eagle, MS61

1839-O $2 1/2 MS61 NGC. High Date, Wide Fraction, Breen-6152, McCloskey-A, R.3. Although the Charlotte, Dahlonega, and New Orleans mints all opened in 1838, it was 1839 before the New Orleans facility struck any quarter eagles. As all of the branch mint gold from those two years uses the Obverse Mintmark style, the 1839-O thus is the only O-mint of that popular two-year subtype.
Despite a fairly low mintage of 17,781 pieces for the issue, the local populace must have saved survivors, as the issue is plentiful except in Mint State, where only a few dozen pieces are certified. The typical certified survivor averages only AU or thereabouts.
The High Date variant has the date higher in the field, with the 9 close to Liberty's hair and higher than the 3. On the reverse the berry is separated from the stem, and the arrowheads are misshapen, with one shaft disconnected. The present specimen has attractive greenish-gold coloration typical of many pieces of the issue. Contact is limited to light field chatter, and the overall appearance is finer than the grade might suggest. Census: 22 in 61, 35 finer (6/08).(Registry values: P3)

Coin Index Numbers: (NGC ID# 25G7, PCGS# 7701, GSID# 8261)

Metal: 89.92% Gold, 10.08% Copper
Weight: 4.18 grams
AGW: 0.12084oz
Mintage: 17,781

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.

View Certification Details from NGC