1847-O $2 1/2 MS63 NGC....

Description

Conditionally Elusive 1847-O
Quarter Eagle, MS63

1847-O $2 1/2 MS63 NGC. Variety Two. Doubled 18 in the date; the mintmark is strongly doubled at its base. The 1847-O quarter eagle issue saw a healthy mintage of 124,000 coins, and it is generally available until the AU range is reached. Mint State coins are rare despite the mintage, and as of (12/08) NGC and PCGS combined have certified a total of 38 pieces (less duplications) in all Uncirculated grades. In MS63, the present example is one of two so certified at NGC, and there are two MS64s and one MS65 finer. PCGS has certified only a single MS63, with one MS64 finer. This example is softly struck, as usual. Winter (2006) states that the 1847-O quarter eagles are "among the most poorly struck New Orleans gold coins." The surfaces are highly lustrous, however, unlike those of the typical "subdued and grainy" example. Both sides show the usual number of small abrasions for the grade.
From The Grand Lake Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25H8, PCGS# 7747, Greysheet# 8357)

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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