1848-D $2 1/2 MS63 PCGS. CAC. Variety 10-O....

Description

1848-D Quarter Eagle, MS63
Second Finest on the Condition Census

1848-D $2 1/2 MS63 PCGS. CAC. Variety 10-O. Ex: Green Pond. Late die state with a thin crack through the M in AMERICA into the wing. The 1848-D is one of the three most obtainable Dahlonega quarter eagles. There are an estimated 275 to 325 pieces believed known with perhaps 10 to 15 pieces extant in Uncirculated.

This is one of the final Dahlonega quarter eagle issues that can be found with a good strike. This coin is very well impressed at the centers and has a fully defined hair curl above the ear of Liberty. The obverse denticles are very sharp while there is some weakness noted on the reverse denticles. The overall quality of strike is above average.

Minimally marked, rich frosty luster can be seen over both sides with a slightly granular texture. Both sides exhibit flashy orange-gold color with some splashes of lilac around the reverse border. This coin has decidedly above average eye appeal. It is well-struck and highly lustrous with pleasing color and clean surfaces. It would make a great coin for the collector who is seeking a single high grade Dahlonega quarter eagle for a type set.
Ex: Auction '80 (RARCOA's session), lot 1936, where it brought $11,000; Dr. Arthur Montgomery Collection; George Elliot Collection / Auction '84 (Stack's session), lot 1317; Chestatee Collection / 1999 ANA Sale (Heritage, 8/1999), lot 7648, where it brought $28,750; 1986 GNA Sale (Mid-American, 5/1986), lot 1863, unsold; Chestatee Collection; Green Pond Collection (Heritage, 1/2004), lot 1026, where it realized $23,575. Listed in the revised Condition Census as the second finest known 1848-D quarter eagle (tied with another PCGS MS63).(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.

View Certification Details from PCGS