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Description

Extremely Rare Mint State 1849-C Quarter Eagle

1849-C $2 1/2 MS60 NGC. Variety 11-G. In strict Mint State grade as here, the 1849-C quarter eagle is extremely rare. Most examples found grade only Very Fine or Extremely Fine, and Winter points out that even AU pieces are "quite rare." The date generally comes sharply struck, but heavily abraded or with planchets of poor quality.
The present example is well struck, with some localized weakness on the hair below Liberty's coronet and the eagle's left (facing) leg. Some horizontal die scratches are present on all examples known of the issue, running through the vertical shield stripes. This piece also show numerous parallel planchet striations in the reverse fields, most obvious below the three arrowheads and in the area just above the left wing.
The surfaces show rich yellow-gold color and the fields show a faint glimmer, as often seen on C and D-mint gold. Well struck for a Charlotte gold coin with only slight softness seen in the centers.
In MS60 this piece is one of only five coins so graded at NGC, and there are three finer at that service, all MS61. PCGS has certified no MS60s but two coins in higher grade, one MS62 and one MS64 (9/08). (Registry values: P2)

Coin Index Numbers: (NGC ID# 25HE, PCGS# 7753, Greysheet# 8360)

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 NGC

Auction Info

Auction Dates
October, 2008
23rd-25th Thursday-Saturday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 383

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Oct 24, 2008 for: $13,800.00
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