1852-C $2 1/2 MS62 NGC....

Description

The Winter Plate 1852-C Quarter Eagle, MS62

1852-C $2 1/2 MS62 NGC. Ex: Elrod. Variety 14-I. Plate coin in the Winter second edition, where it was called "by far the finest known example."An online article at www.coinlink.com dated October 2007 and written by Doug Winter, explains the Elrod and Dingler pedigrees found on many nice, original C-mint gold coins:

"One of the first collectors to specialize in high grade examples of Charlotte coins was Stanley Elrod from Matthews, North Carolina. Elrod began collecting coins from his 'local mint' in the 1960's and would go on to assemble at least three complete sets.
"The last of these was clearly the finest set of Charlotte coins ever assembled. It included a number of finest known and Condition Census pieces. It was first offered for sale as a complete set in the mid-1980's but serious negotiations regarding its sale did not begin until the end of that decade. It was eventually sold to a consortium of dealers who later sold it intact to California dealer/collector/investor Hugh Sconyers.
"For the next few years, Sconyers added to the collection. He was able to include a number of coins that were significantly finer than the original Elrod coins but which, at the same time, were of similar quality and appearance to the Elrod coins that were retained. In the middle part of the 1990's, Sconyers decided to sell the collection and it was purchased by Winthrop Carner, a New York dealer who specialized in rare gold coins. Carner proceeded to break up the collection and began selling coins to an eager audience of new collectors. The majority of the coins went to two collectors: William Miller from Michigan and Paul Dingler from North Carolina.
"Carner later sold the remainder of the Elrod collection back to Sconyers who then quietly brokered the coins to other collectors through a small number of dealers.
"In February 1999, some of the Elrod coins were offered for sale as part of the Miller collection in the Heritage Long Beach auction. The pieces in the Dingler collection remain off the market [until now] and the other Elrod coins are owned by a number of collectors and investors.
"The Elrod collection was unquestionably the finest set of Charlotte coins ever formed. Elrod was fortunate to begin collecting these coins at a time when he had little competition and nice, original Charlotte coins could still be found from time to time.
"The Elrod pedigree carries a great deal of weight among Charlotte collectors as it is an assurance that a coin is not only among the finest known examples of its respective issue but that it is choice and original as well."

Heritage is proud and fortunate to be able to offer several examples pedigreed to both the Elrod and Dingler collections (as well as some with the Eliasberg pedigree) in the present auction. The present MS62 specimen of the 1852-C is an extremely rare coin, with two pieces at NGC in MS62 and two MS62s and a single MS63 at PCGS as the current finest certified. There were no 1853-C quarter eagles struck, and accordingly most of the 1852-C pieces saw broad circulation. This piece has exceptionally clean surfaces for the grade, and the strike is bold at the peripheries and throughout the coin, save for minor central softness on each side. It has unusually vibrant and brilliant green-gold luster, far brighter than the usual example of the date. Lovely orange-gold overtones suggest that this piece is entirely original in its appearance.
Ex: Stack's (6/1977), lot 841; Stack's (2/1980), lot 49; Elrod Collection; Paul Dingler Collection.
From The Grand Lake Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HS, PCGS# 7764, Greysheet# 8368)

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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