1848-D $2 1/2 MS62 PCGS. Variety 10-N, the Low Mintmark variety. While specimens of this issue appear with some regularity ...

Description

Elusive Mint State 1848-D Quarter Eagle

1848-D $2 1/2 MS62 PCGS. Variety 10-N, the Low Mintmark variety. While specimens of this issue appear with some regularity in the marketplace, most generally grade in the range of Extremely Fine to About Uncirculated. Mint State coins are quite rare and elusive. The Low Mintmark variety is considerably scarcer than the High Mintmark variety. It is distinguished by the arrow feathers which pass halfway through the mintmark, and the lower serif of the D which nearly joins the 1 in the fraction. This elusive piece offers lustrous green-gold surfaces. A couple of mint-made die irregularities show on the obverse--a small planchet lamination and two dotlike die bumps near star 3, along with some die crumbling at star 5--but considerable eye appeal is present.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HC, PCGS# 7751, Greysheet# 8359)

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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