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1839-O $2.50 Classic Head PCGS AU50

Currency:USD Category:Coins & Paper Money / US Coins Start Price:925.00 USD Estimated At:1,900.00 - 2,000.00 USD
1839-O $2.50 Classic Head PCGS AU50
1839-O $2.50 Classic Head. PCGS graded AU-50. CAC Approved. A nice full strike with light even gold toning on both sides. A popular design and the only Quarter Eagle featuring an obverse mintmark. New Orleans began producing coins in 1838 (half dimes, dimes, and a few specimen half dollars), but only began gold production in 1839 with this lovely quarter eagle issue. Lustrous and quite attractive. Only 17,781 struck (PCGS # 7701) .

Humorous sidenote: How social traditions have changed over the years! On March 3, 1839, the year this quarter eagle made its debut, The New York Mirror printed the following program for a dinner conversation: "When you are seated next to a lady, you should be only polite during the 1st course; you may be gallant in the 2nd; but you must not be tender till the dessert." .
Estimated Value $1,900 - 2,000.