1846-C $2 1/2 AU55 NGC....

Description

Near Mint State 1846-C Quarter Eagle

1846-C $2 1/2 AU55 NGC. Doug Winter rated this issue as the fourth rarest Charlotte quarter eagle, and the second rarest in high grade. Mintage for this issue was pegged at 4,808 coins, and less than 2% survive today. Doug Winter summed up this issue with the following commentary: "The 1846-C is a very scarce coin in all grades. Over three quarters of the known survivors grade below Extremely Fine and an accurately graded Extremely Fine-45 example is quite rare. This date is very rare in About Uncirculated. There are more Uncirculated pieces in existence than generally believed and, ironically, the collector is about as likely to be offered a Mint State coin as a choice About Uncirculated. However, it is still extremely rare." Winter went on to record five Mint State examples and between six and eight AUs. Because Choice AU examples are equally as rare as Mint State coins, yet not nearly as expensive, this offering provides an exceptional opportunity for the advanced collector. The surfaces are light yellow-gold with minor abrasions as expected for the grade, and the fields seem to be slightly reflective. The obverse has weak star details and much of the reverse is weakly defined. As a result, only the slightest hint of wear immediately brought this coin down to the 55 grade level. It is likely that this quarter eagle was only involved in a few transactions, just enough to eliminate the lustrous appearance from the high points of the design.(#7741) (Registry values: P2)

Coin Index Numbers: (NGC ID# 25H2, PCGS# 7741, GSID# 8351)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 4,808

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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