1840-C $2 1/2 MS62 NGC....

Description

Condition Rarity 1840-C Quarter Eagle, MS62

1840-C $2 1/2 MS62 NGC. Variety 1-A. One die variety is known to exist. Douglas Winter, in his Gold Coins of the Charlotte Mint, writes that: "The 1840-C quarter eagle is usually seen in Very Fine and low-end Extremely Fine grades. The date remains very rare in the higher About Uncirculated grades and it is extremely rare in Mint State." Winter estimates six to seven Uncirculated pieces extant. NGC and PCGS have certified 22 examples in Mint State, a number of which are likely resubmissions.
The lustrous yellow-gold surfaces of this MS62 example exhibit relatively well struck design elements, though most of the star centers are weak. Several minute marks are scattered over each side, and what appears to be a planchet flaw is visible on Liberty's jaw. Census: 2 in 62, 3 finer (6/08).(Registry values: P2)

Coin Index Numbers: (NGC ID# 25GB, PCGS# 7718, GSID# 8333)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 12,822

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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