1463

1839-C $2.50 Classic Head NGC AU55

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,500.00 USD Estimated At:5,000.00 - 5,500.00 USD
1839-C $2.50 Classic Head NGC AU55
1839-C $2.50 Classic Head. NGC graded AU-55. Only 18,140 pieces struck. Light golden toning. Mintmark on obverse above the date. Dusky reddish gold luster still evident in the protected areas merging into warmer orange shades of "old gold" toning, very pretty, and with indications of extra care in handling and preservation over the years. Probably the net result of loving ownership by its former admirers. Sharply struck with a wealth of detail, this scarce issue has importance as the first quarter eagle from the newly opened Charlotte Mint. Three die varieties are described below, this example being variety A.

Rather than being an overdate, this is better described as a repunched date, in our opinion. On the present crack connects the rim to the E in STATES.

Identification of three die varieties:

A: Mintmark over left half of digit 3. Tip of branch stem over right upright of D. Usually cracked, neck to right wing.

B: Mintmark over left half of digit 3. Tip of branch stem over left edge of D. Usually cracked through E of STATES.

C: Mintmark over space between 83. Usually cracked, left shield tip to beak.

Pop 37; 98 finer (PCGS # 7699) .
Estimated Value $5,000 - 5,500.