SOLD
6,500.00USDto floor+ buyer's premium
This item SOLD at 2007 Mar 16 @ 23:27UTC-05:00 : EST/CDT
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<B>1844 $2 1/2 MS61 NGC.</B></I> An original coin with sharp stars, all with central lines in evidence, and a well-detailed portrait of Liberty. Slight softness of strike is noted on the eagle, bottom left leg, and central neck feathers. Subdued but still-glimmering luster combines with exceptionally clean surfaces to produce a piece of considerable desirability--for it is among the lowest mintage pieces of all the early Coronet style quarter eagles, with a mintage at Philadelphia of only 6,784 pieces. In fact, only a few branch-mint issues exceed it in meagerness of original issuance, during the 1840s. Its eye appeal, for the grade, is remarkable at least in part because it looks as if it was just discovered in some old, dusty cloth bank bag. The bars of the eagle's shield conceal some ancient debris, as one would expect (or hope) to find when plucking such a coin from a long-lost concealment. Not noted very often (for who gets to examine many 1844 coins?) is the fact that the digit 44s are slightly larger than the 18 digits, and the second 4 leans ever so slightly to the left. As for its rarity, years ago Breen called it "prohibitively rare" in AU, while the recently published tome on U.S. gold by Jeff Garrett and Rom Guth describes it as rare in any grade and "extremely rare in Mint State. Just one example in Uncirculated condition has been sold at auction in the last decade," they note. Obviously, this coin represents a major opportunity for the date collector to own a coin which, for most, is simply not obtainable.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
Auction Location:
501 S. College St., Charlotte, North Carolina, United States
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