1848 $2 1/2 MS63 NGC....

Description

1848 Quarter Eagle, MS63
A Condition Census Rarity

1848 $2 1/2 MS63 NGC. The CAL. quarter eagle of this date is well-known, but the "plain" 1848 issue is a somewhat underappreciated rarity. Only 6,500 pieces were produced -- less than half the number of coins struck in Charlotte and Dahlonega the same year. Survivors are scarce today in all grades. Mint State coins are genuinely rare, and they are nearly unknown finer than the current MS63 representative. We have not handled a piece in this grade for more than a decade. The strike is sharp on the obverse, while on the reverse the eagle's left (facing) leg is typically weak. Bright yellow-gold luster is semiprooflike in the fields. Grade-limiting abrasions are trivial, posing little distraction. An incredibly rare opportunity to acquire this underrated condition rarity. Census: 2 in 63, 1 finer (11/18).(Registry values: P2)

Coin Index Numbers: (NGC ID# 25H9, PCGS# 7748, Greysheet# 8269)

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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