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

Description

1846-C Liberty Quarter Eagle, MS62
Challenging Branch Mint Issue

1846-C $2 1/2 MS62 NGC. Variety 1. After a closure due to fire, the Charlotte Mint produced quarter eagle and half eagle coins in 1846. Both denominations are scarce, low-mintage issues. The quarter eagle's 4,808-piece mintage circulated heavily throughout the South and it is estimated that only about 125 examples exist across all grades today. All told, the 1846-C is the third-rarest Charlotte quarter eagle in higher grades among approximately six to eight Mint State examples thought to survive. While the 1846-C quarter eagle is often considered one of the most poorly produced coins from the North Carolina mint, there are exceptions. The Harry W. Bass, Jr. coin was part of the 1999 Bass II auction, lot 381, graded MS64 by PCGS -- the finest known example. Tied for second-finest are the Paul Dingler Collection example and the Ex: Elrod coin, both graded MS63 by NGC. The present coin grades MS62 and displays a better strike than most surviving Mint State examples. Attractive, medium-gold color complements bold definition evident on Liberty's face curls and neck curls, while the stars display well-defined centers. On the reverse, the eagle's plumage exhibits some softness around the shield and at the neck and left (facing) leg, though the wing feathers maintain sharpness. Pleasing, semireflective fields show a scattering of small marks and abrasions, but the surfaces are free of any heavy marks. NGC Census: 2 in 62, 2 finer (3/24).(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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