1845-O $2 1/2 AU58 PCGS. Variety 1....

Description

1845-O Quarter Eagle, AU58
Exceedingly Rare This Fine

1845-O $2 1/2 AU58 PCGS. Variety 1. The 1845-O is an underrated rarity in the quarter eagle series. This is the rarest quarter eagle from the New Orleans Mint, and it is even rarer than most Dahlonega and Charlotte dates. Doug Winter estimates that only 65 to 75 pieces are known in all grades, although PCGS suggests 80 to 100 coins may survive. Our analysis of auction data suggests that the actual number of surviving examples in gradable condition may be balanced in the middle. High-end AU representatives are decidedly rare, and Mint State coins are prohibitively so. Winter reports only three Uncirculated survivors, which is the same number of Mint State coins certified by PCGS and NGC combined.

The present near-Mint coin displays satiny green-gold surfaces with remnants of luster in the protected portions of the fields. The obverse is well-defined, but the reverse has some typical weakness on the shield area. A linear planchet depression behind Liberty's neck is mint-made, as there are no detracting abrasions. Housed in a green label holder. Population: 3 in 58, 2 finer (7/16).
From The Twelve Oaks Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25GY, PCGS# 7739, Greysheet# 8350)

Weight: 4.18 grams

Metal: 90% Gold, 10% Copper

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 PCGS