1846-C $2 1/2 MS62 NGC. Variety 1....

Description

1846-C Quarter Eagle, Well-Struck MS62
Rare in All Grades

1846-C $2 1/2 MS62 NGC. Variety 1. A fire in July, 1844 closed the Charlotte Mint until 1846, limiting coin production. The 1846-C quarter eagle, from a sparse mintage of 4,808 pieces, is therefore rare in all grades. The fire is also presumably responsible for the extensive die rust seen on each side of all surviving 1846-C quarter eagles, as the unused dies accumulated rust on their surfaces, which of course transferred to each of the coins struck from these dies.

NGC and PCGS have seen 130 pieces in all grades, only 11 of which are in mint condition, the single finest being MS64. The present coin is one of four MS62s, with just three finer, two MS63s and an MS64. The striking details are not complete but better than one might imagine given the state of the dies used. The surfaces are bright overall with lighter green-gold color that shows an attractive intermingling of orange. A pinscratch above star 12 pedigrees the coin. Census: 2 in 62, 1 finer (3/14).
Ex: Long Beach Signature (Heritage, 2/2001), lot 6859, where it brought $23,575; Orlando (FUN) Signature (Heritage, 1/2003), lot 4675; Long Beach Signature (Heritage, 9/2008), lot 3269; Long Beach Signature (Heritage, 2/2009), lot 2469; Los Angeles Signature (Heritage, 8/2009), lot 1222.(Registry values: P2)

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

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.

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