LOT #2621 |
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1848-C $2 1/2 MS61 NGC. Variety 10-F. In his reference Gold Coins of the Charlotte Mint, Doug Winter mentions that 10-F...
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Sold on Feb 10, 2006 for:
$11,500.00
Bid Source: Internet bidder
Description
Splendid Uncirculated 1848-C Quarter Eagle
1848-C $2 1/2 MS61 NGC. Variety 10-F. In his reference Gold Coins of the Charlotte Mint, Doug Winter mentions that 10-F obverse die is often seen heavily buckled, or sunken, which creates a wavy appearance on the obverse field and the bust truncation, as is the case on this example. The hair details are only partially visible, and most of the stars are flat. On the reverse, only the claws and the leg left of the shield show signs of weakness. This is unquestionably a Mint State coin with full and complete luster. There is no evidence of wear on either side. The fields have satiny, slightly reflective surfaces with considerable greenish-gold color. Given the appearance of this example, it would be easy to see how just the slightest wear on a similarly struck coin would simulate a much lower grade. Grading of these coins in general terms is as much an assessment of remaining luster and surface quality as it is existing design details. This is a splendid example and among the finer pieces known. Census: 7 in 61, 5 finer (1/06).(Registry values: P2)Coin Index Numbers: (NGC ID# 25HB, PCGS# 7750, Greysheet# 8358)
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.
Auction Info
2006 February Long Beach Signature Auction #400 (go to Auction Home page)
Auction Dates
February, 2006
9th-11th
Thursday-Saturday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 364
Buyer's Premium per Lot:
15% of the successful bid per lot.
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