1027

1849-D $2 1/2 MS61 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1849-D $2 1/2 MS61 PCGS.
1849-D $2 1/2 MS61 PCGS. Ex: Bass. Variety 11-M. (per Doug Winter's second edition and revised attribution system). High date with the 1 closer to the bust than the denticles. This is the more common of the two varieties.RARITY INFORMATION: Although often lumped with the 1844-1848 Dahlonega issues, the 1849-D is actually a much scarcer coin. In fact, it is eclipsed only by the 1840-1842 trio in terms of rarity among Dahlonega quarter eagles from this decade. There are just four Uncirculated examples currently known. This includes two graded MS62 by NGC and two graded MS61 by PCGS.STRIKE: The obverse is as sharply struck as we can recall having seen on this date with very strong detail visible in the center. Some weakness is observed on the rim from 1 to 2 o'clock, but even this area is much sharper than usual. The reverse is weak on the rim from 3 to 8 o'clock with the center well detailed. The eagle's legs do not possess the usually seen weakness.SURFACES: Minor hairlines (not from cleaning) can be seen on both sides as well as a few scattered marks. The fields are relatively clean with just a few tiny marks above Liberty's head worth mentioning.LUSTER: A good deal of soft, satiny luster is visible. Most 1849-D quarter eagles are dull and were produced in such a way that they have poor luster. This piece is well above average in this regard.COLORATION: This coin was probably dipped at one time. The obverse is yellow-gold in the center and is framed by some crescents of reddish-gold coloration. The reverse is a deeper, more even reddish-gold. It would probably help the appearance if the surfaces were carefully dipped and then washed to remove any remaining residue.EYE APPEAL: The uneven coloration mentioned above only slightly detracts from this coin's appearance, and if it is properly dipped it will have excellent eye appeal for the issue. The strike, luster, and preservation of the surfaces are much better than usual.COMPARABLES: We offered an NGC MS62 1849-D quarter eagle as lot 7980 in our September 2002 auction, but it did not sell. An NGC MS62 brought $30,800 prior to its encapsulation in the May 1998 Pittman Collection Sale held by David Akers in May 1998.PEDIGREE: Obtained from Doug Winter in February 2000, Ex: Spectrum Numismatics (Paul Nugget); Harry Bass Sale (Bowers and Merena, 10/99), lot 423, where it brought $16,100; Mike Brownlee; Fairfield Collection (Bowers and Ruddy, 10/77), lot 1518 ($1,350); Arthur Lamborn Collection. 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.