1858-C $2 1/2

Description

Perhaps the Finest Known 1858-C Quarter Eagle, MS 63 PCGS

1858-C $2 1/2 MS 63 PCGS. The 1858-C is an isolated issue that probably saw extensive circulation because no quarter eagles were produced at the Charlotte Mint in 1857 or 1859. Nevertheless, this issue is the most readily obtainable C-mint quarter eagle from the 1850s despite a paltry original mintage of 9,056 coins. The average grade among survivors is VF, and Mint State examples number fewer than 10 pieces (Winter, 1997). In his book Gold Coins of the Charlotte Mint: 1838-1861, Winter lists six MS 62 PCGS coins at the top of the Condition Census for this issue. This coin is probably a newcomer to that listing, and it is the single finest example known to PCGS (1/01). This coin is rather well defined for a product of the Charlotte Mint, although there are a few areas of bluntness over the eagle's portrait. Both sides are bright with glowing fields and a predominantly orange-gold appearance. There are a few swirls of copper patina over the lower obverse and the upper left reverse. Pedigree concerns compel us to mention a small indentation in the reverse field above the tip of the olive branch.

Coin Index Numbers: (NGC ID# 25JH, PCGS# 7787, GSID# 8385)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 9,056

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