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***Auction Highlight*** 1839-o MC-2 Variety 27 Classic Head Quarter Eagle $2.5 Gold Graded Choice AU

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:2,750.00 - 11,000.00 USD
***Auction Highlight*** 1839-o MC-2 Variety 27 Classic Head Quarter Eagle $2.5 Gold Graded Choice AU
***Auction Highlight*** 1839-o MC-2 Variety 27 Classic Head Quarter Eagle $2.5 Gold Graded Choice AU/BU Slider By USCG. 1839-O Classic Head Quarter Eagle. McCloskey-2. Variety 27, R-3 Wide Fraction, Small Arrows. AU-58.. Boldly to sharply defined throughout, this bright olive-orange example reveals appreciable satin luster as the coin dips into a light. Uncommonly high grade for a heavily circulated issue that is typically offered no finer than Choice EF. The 1839-O is a Nmismaticly significant issue with tremendous appeal for advanced gold enthusiasts. It is the first New Orleans Mint quarter eagle, the only one of the Classic Head design type, and the only one that displays the O mintmark on the obverse. The mintage is limited at 17,781 pieces, although its first year status explains an above average rate of survival for a Southern gold issue from the pre-Civil War era. Even so, and as stated above, the 1839-O is scarce in AU and, with so few Mint State examples certified, this pleasing AU-58 represents the finest in quality realistically obtainable for most collectors. Tied for 28th finest. Trends on this ultra rare One year Type Coin are au55 $6,750 au58 $11,000 ms60 $12,500 A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation