1850-C $2 1/2 MS62 NGC. Variety 1....

Description

1850-C Quarter Eagle, MS62
One of the Finest Known

1850-C $2 1/2 MS62 NGC. Variety 1. Ex: Dingler. Struck in light yellow-gold with splashes of deeper color seen at the borders. This is the typical die state for this variety with multiple clash marks in the centers on both sides. This clashing appears to have somewhat weakened the letters in LIBERTY but the overall strike is a bit more detailed than usually seen for this issue. The luster is a bit grainy in texture which gives the coin a slightly lackluster texture. There are some minor contact marks in the fields that are in keeping with the assigned grade.
The 1850-C quarter eagle is a bit less rare than its mintage of 9,148 pieces might suggest. There are as many as 250-300 examples known in all grades but almost all grade AU50 or below. In Uncirculated, this remains a very are coin with around four to six properly graded pieces accounted for. The finest is owned by a specialist and is Ex: ANR 9/2005, lot 1123 (it is graded MS63 by NGC and it brought $25,300 in that sale). The present example is regarded as the second finest and, at one time, it was in a PCGS MS62 holder.
Ex: Paul Dingler Collection; Long Beach Signature (Heritage, 2/2009), lot 2504, where it brought $14,950.
From The Cherokee County Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HH, PCGS# 7756, Greysheet# 8362)

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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