1020

1844-D $2 1/2 MS63 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1844-D $2 1/2 MS63 PCGS.
1844-D $2 1/2 MS63 PCGS. Variety 5-H. (per Doug Winter's second edition and revised attribution system). Large Mintmark. Reverse as on 1843 Variety 4-G. The more common of the two varieties of this year.RARITY INFORMATION: This is one of the three or four most common Dahlonega quarter eagles. There are an estimated 175 to 200 pieces known with nine or ten in Uncirculated. The present example is the only piece graded MS63 by PCGS while NGC has also graded one as such.STRIKE: 1844-D quarter eagles are found with a wide variation of strike. Around 15-20% are seen with full strikes and the Green Pond example is one of these. The obverse is very sharp with the curl above the ear of Liberty almost completely full. The reverse is totally defined with full neck, wing, and leg feathers. While these do not generally sell for a premium, in our opinion 1844-D quarter eagles that are this sharply impressed deserve to bring a strong amount over the typical "mushy" example.SURFACES: There are some light hairlines (not from cleaning) on the obverse and a series of small marks below star 7. The reverse also has some light hairlines and a few stray marks in the field above and behind the head of the eagle. The surfaces overall are considerably less abraded than usual.LUSTER: The obverse is frosty with slight graininess in the protected areas around the stars. The reverse is semi-prooflike and when tilted into a light source it displays a confirmed reflectivity.COLORATION: Deep yellow-gold color can be seen on the obverse and reverse. Both sides show a little bit of haze with this being most noticeable in the obverse fields and above the eagle's head.EYE APPEAL: As mentioned above, this is an issue that is often found with a very soft strike. The fact that the Green Pond example is so sharp makes it more desirable than most 1844-D quarter eagles. In addition, this piece has good surfaces and luster below its coloration.COMPARABLES: An NGC MS63 1844-D quarter eagle was sold, prior to being encapsulated, for $30,800 as lot 1748 in David Akers' Pittman II auction in 1998. In our 2003 FUN sale a PCGS MS62 realized $12,075.PEDIGREE: Obtained from an unknown dealer via private treaty; earlier from Hancock and Harwell and Ex: Leon Farmer Collection; George Elliott Collection; Auction '84 (Stack's session), lot 1313; Dr. Arthur Montgomery Collection. This is the plate coin in both the first and second editions of the Winter book on Dahlonega gold and it is listed in the current Condition Census as the finest 1844-D quarter eagle. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.