Goldberg Coins and Collectibles



Sale 41

Pre-Long Beach Coin and Currency Auction


$2.50 Gold Capped Bust
 
 
Lot Photo Description Realized
Lot 1459
1802/1 $2.50 Capped Bust. PCGS graded MS-61 PQ. Now more correctly described as 1802 (without the overdate designation) since conservative opinion has come to the conclusion there is no underlying 1 under the 2 in the date. Light golden toning with plenty of frosty mint luster intact and a Premium Quality coin for the grade. A lovely example free from adjustment marks. Only 3035 minted. Pop 6; 4 in 62, 6 in 63 (PCGS # 7650) .

The Harry Bass sale put it best: "1802 quarter eagles have historically been catalogued as 1802/1 overdates. We are of the opinion that minor damage to the die or punch caused the artifacts that led past numismatists to attribute these as overdates."
Estimated Value $24,000 - 26,000.
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Lot 1460
1807 $2.50 Capped Bust. PCGS graded MS-63. Encapsulated in PCGS holder 21774134. A nice well struck coin with a hint of light toning. This is clearly the date to choose among early quarter eagles if you are a collector seeking a single coin to represent the heraldic eagle Type. Mintage had edged up slightly to 6,812 coins (still minuscule by even late-19th century standards). The 1807 issue accounts for slightly over one-third the quarter eagle mintage from 1796 to 1807. Nearly 200 examples may survive today. This mintage and survival qualify the issue as an important rarity. What's more, the coin is a gorgeous Mint State 63 example from an early die state. The reverse die had already been used for the entire mintage of 1805 and both varieties of 1806, and would later continue in service to produce 165,000 dimes bearing this date, resulting in extensive die wear. Vibrant bright-golden luster throughout with ample evidence of an even choicer grade seen in this bolder-than-average centers (including a much more detailed shield that typically seen). Additionally, the surfaces are exceedingly fresh. They somehow escaped heavy marks. There are no spots. In a word, they are beautiful! To the sounds of much paper shuffling and squeaky squirming around in the flimsy auction chairs, we expect bidders' anticipation of this handsome '07 quarter eagle will send it to a high price realized. Maybe one that surpasses all previous records for the MS63 grade. Pop 5; 2 in 64, 1 in 65 (PCGS # 7656) .
Estimated Value $50,000 - 55,000.
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Lot 1461
1807 $2.50 Capped Bust. NGC graded MS-61. Light gold toning. A desirable date for type purposes this being the last year in the capped bust right series. It seems that 6,812 pieces were originally produced, which scarcely qualifies this as common. Yet in the company of even scarcer issues, it stands out as the most affordable. The smooth surfaces show few abrasions, and only some faint hairlines. Shallow adjustment marks are seen in the center of the reverse, and certain areas of the shield on the reverse are weakly impressed, as usual. Scarce and always commands a lot of attention in Mint condition. Pop 28; 23 finer, 20 in 62, 3 in 63 (PCGS # 7656) .
Estimated Value $22,000 - 24,000.
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Lot 1462
1807 $2.50 Capped Bust. NGC graded MS-61. Well struck and untoned. Some luster remains in the protected areas. Another outstanding example of this early quarter eagle Type. Something to ponder buying if you intend to complete a U.S. gold type set anytime soon. These won't be getting any more affordable! Only 6812 struck. Pop 28; 20 in 62, 3 in 63 (PCGS # 7656) .
Estimated Value $22,000 - 24,000.
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Realized
$28,750
Lot 1463
1808 $2.50 Capped Bust. NGC graded MS-63. Encapsulated in NGC holder 3047555-004. Highly important one year type coin with only 2710 minted. A well struck example and loaded with frosty mint luster. The rims, which are usually quite weak on this issue as the collars did not fit the planchet properly, are unusually nice. A resplendent, lustrous coin featuring the one-year design of 1808 that makes this an American rarity required to complete a U.S. gold type set. This sleek Mint State 63 example will be the centerpiece for the collection of its next owner.

Of the pieces made, we estimate that fewer than 20 remain today in Mint condition. Most gravitate around the MS-60 or 61 level, with a smattering in higher grades; others that proclaim themselves optimistically as Mint State are more often than not About Uncirculated pieces with visible wear. The condition of this lustrous MS63 example is very even, bright golden, and best of all, pleasing to the eye. The surfaces lack deep marks and even, for that matter, the usual light handling marks seen on gold coins from this decade; there are a few light hairlines near the date, and one or two small scuffs or grazes in the frost of Liberty's neck, the near absence of which accounts for the choice grade.

In the early part of the 19th century, it was not up to the Federal government or the U.S. Mint in Philadelphia to choose which coins to strike for circulation. Gold and silver were coined on demand since this was a period of "free coinage" as it was called. A bullion depositor deposited his metal in raw form or in the form of foreign coins to be made into U.S.-imprinted issues of his choosing. For gold, the most convenient size turned out to be the half eagle or $5 gold piece. Quarter eagles were virtually ignored, which explains their low mintage or gaps in the mintage for years at a time. (After 1808, there were no further requests for the denomination until 1821.) Of course, at the time this rare quarter eagle debuted, there was no thought given to saving even a single representative coin for numismatic purposes; so too, the Mint Cabinet did not yet exist. It is for this reason the few that were made were put into circulation. There they eventually wore and were eventually returned to the mint and melted. By the time numismatic interest cropped up in the 1850s, few 1808 quarter eagles were to be found anywhere. Pop 5; 1 in MS-64. Among the Finest Known (PCGS # 7660) .

Obverse die: Designs are by John Reich after his 1807 half eagles. A capped bust of Liberty faces right; stars 7 left, 6 right. Star 13 has a notch in the lower point, believed to have been Reich's secret "signature" and found on most gold pieces and silver pieces made by the die engraver. The reverse shows Reich's eagle with shield on its breast, large reverse letters around. It is holding a branch with six leaves and a split bud (or berry). The denomination has a large 2 in 2-½ with the top left curiously flattened or curved down, the ball of the 2 touching the diagonal.
Estimated Value $350,000 - 400,000.
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Lot 1464
1832 $2.50 Capped Head. NGC graded MS-61. Mostly untoned. Only the one set of dies apparently known for 1832, used to strike a low number of coins. The second United States mint opened for business the very next year. The 1833 Mint Report lists a face value of eleven thousand dollars in quarter eagles issued, which could be struck off in a few minutes on a modern high speed coining press. Today, we put the surviving population about 3% to 5% of the original mintage.

And what of the coin itself? It is a fairly sharply made coin and well within the Mint State parameters with lovely greenish-gold cast to the color. The surfaces are free from the typical abrasions. Were it not for this opportunity to bid collectors might search many months (or years) to find one that grades Mint State; thus, an important opportunity given its exceptional quality. As a matter of fact, it seems to us at this moment that there is only one place in the world where a collector might be even reasonably happy with an 1832 quarter eagle, and that is by acquiring this very coin. Pop 6; 10 finer, 3 in 62, 6 in 63, 1 in 64. Only 4,400 struck (PCGS # 7672) .
Estimated Value $13,000 - 14,000.
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Realized
$17,250
Lot 1465
1834 $2.50 Classic Head. PCGS graded AU-58. Some luster visable. A well struck example of this early William Kneass-designed quarter eagle. Full but not quite sharp hair curls at center; bold stars, and best of all, an absence of heavy marks (PCGS # 7692) .
Estimated Value $2,200 - 2,400.
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Lot 1466
1834 $2.50 Classic Head. AU-58. Very boldly struck. Honey golden luster that adds beauty to the choice condition (PCGS # 7692) .
Estimated Value $2,200 - 2,400.
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Lot 1467
1836 $2.50 Classic Head. Script 8. PCGS graded MS-62 PQ. Nice and frosty Premium Quality coin. Pop 51; 48 finer (PCGS # 7694) .
Estimated Value $5,000 - 5,500.
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Lot 1468
1836 $2.50 Classic Head. Block 8. PCGS graded MS-64. Light even gold toning on both sides. Popular classic head type coin. Quality and eye appeal: those are the keys to any early Quarter Eagle of the William Kneass design; in the instance of this MS64, this seems to be the rule not the exception since its beauty reinforces every decisive factor of the strict PCGS grade. There is a sampling of better quality 1836 quarter eagles in numismatic collections. Some may be slightly sharper. Few can ever equal the aesthetic look or overall loveliness of the one seen here, however. The obverse has a better-than-average strike, with hair details aplenty except at the brow, the stars full, the dentils full, and the date full -- the things collectors like to see with this design. The reverse, for those with a keenly analytical nose for detail, is also an ideal of striking excellence, with each feather in the eagle's wings and legs detailed excepting a few leg feathers near the shield outline, the leaves in the olive branch are complete with central veins, the arrowheads showing their features. Best of all, the fields are smooth and golden lustrous. Were this certified as Mint State 65 we would have agreed. All the same, being Mint State 64, perhaps a strong buyer can outbid competition. Pop 7; 3 in 65, 1 in 66 (PCGS # 97694) .
Estimated Value $11,000 - 12,000.
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$15,525
Lot 1469
1836 $2.50 Classic Head. Block 8. EF-45. Cleaned but well struck (PCGS # 97694) .
Estimated Value $650 - 700.
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Lot 1470
1839-C $2.50 Classic Head. NGC graded MS-61. Mostly untoned. This coin is a lovely example of the Charlotte mint production. An orange-gold example, both sides are struck well for the variety with the usual qualifier that the stars are indistinct. There is no loss of detail over Liberty's hair curls nor is the shield weak, both of these being centers of focus for the critical eye of the buyer. The Mint-made defect on Liberty's cheek on the obverse is evident. Also, there is a small nick in the field by the chin, and a faint hairline outside of two stars on the right hand side. All are minor. As an aside, the 1839-C is perhaps the more readily obtainable C-mint quarter eagle of the 1830s but it is by no means common. The present lot offers the kind of quality and low census number that is sure to exert a pull on the bidders' attention. Only 18,140 minted. Pop 9; 3 finer, 2 in 62, 1 in 63 (PCGS # 7699) .
Estimated Value $30,000 - 32,000.
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Lot 1471
1839-C $2.50 Classic Head. NGC graded MS-60. Unusually well struck and problem-free. Attractive natural greenish-golden color. The mintmarked issues of the last year of this design, 1839-C, 1839-D, and 1839-O, are all scarce, with the typically encountered grade being VF or, occasionally, EF. Any coin in Mint State is a major rarity. At the time, the numismatic community -- consisting of no more than a couple hundred widely scattered scholars -- took no note of mintmarks, and not even the Mint Cabinet saved specimens of the 1839-C. This is a frosty example in MS60 condition. Muted luster spins evenly beneath pleasant toning and frosted highlights. Nicely struck at the hair curls and on the eagle and shield, with just a modicum of weakness at the stars. Pop 2; 12 finer, 9 in 61, 2 in 62, 1 in 63 (PCGS # 7699) .

Rather than being an overdate, this is better described as a repunched date, in our opinion. On the present piece a tiny line or crack connects the upper and lower parts of the right side of the C mintmark.

Identification of three die varieties for 1839-C:

A: Mintmark over left half of digit 3. Tip of branch stem over right upright of D. Usually cracked, neck to right wing.

B: Mintmark over left half of digit 3. Tip of branch stem over left edge of D. Usually cracked through E of STATES.

C: Mintmark over space between 83. Usually cracked, left shield tip to beak.
Estimated Value $25,000 - 27,500.
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Lot 1472
1839-C $2.50 Classic Head. NGC graded AU-55. A popular classic head type. Only 18,140 coins struck. Well struck and untoned. Possessed of clear fields and semi-lustrous pale gold with some die breaks on the reverse. This, from the second year of Charlotte Mint coinage, and the final of just two years with the mintmark situated on the obverse above the date. As such, we are pleased to be able to offer this engaging, lustrous choice About Uncirculated 55 1839-C quarter eagle. Pop 33; 76 Finer (PCGS # 7699) .
Estimated Value $9,000 - 10,000.
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Lot 1473
1840 $2.50 Liberty. NGC graded AU-58. Untoned and lustrous. Some of the stars are flat. Popular First year of the type. Only 18,859 struck. Pop 7; 14 finer (PCGS # 7717) .
Estimated Value $2,700 - 2,900.
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Lot 1474
1840-C $2.50 Liberty. NGC graded MS-61. A nice bold strike with lovely light golden toning. The Classic Head of 1834-39 gave way to a new Christian Gobrecht quarter eagle motif in 1840, thus this 1840-C issue represents the first of a new Liberty design. Very few Mint State examples are traced of this important rarity. Most of them reside at the MS60 to 61 level. The present offering has a sharp central strike (including eagle), eye-catching luster and patina. It is only to be expected that such pieces are rare and feel intense pressure from Charlotte gold collectors. A minor planchet flake is visible on the second T of STATES as well as several others on the rim nearby. Aside from this, the surfaces are select, and represent a carefully made strike. Only 12,822 struck. Pop 5; 1 in 62, and 1 in 63 (PCGS # 7718) .
Estimated Value $10,000 - 11,000.
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Lot 1475
1840-D $2.50 Liberty. PCGS graded AU-53. Unusual die breaks on both sides. Lovely golden toning with semi reflective surfaces. Choice for the grade barring the scratch on Liberty visible in the photograph. Only 3,532 coins struck. Of all the early D-mint issues, 1840-D is one among the most important of any year. Its rarity is assured by the low mintage; high grade pieces are few and far between and this is among the best struck pieces we have offered. Pop 3; 1 in 55, 2 in 58, and 1 in 61 (PCGS # 7719) .

Historical note: According to the Wikipedia entry, the "United States presidential election of 1840 saw President Martin Van Buren fight for re-election against an economic depression and a Whig Party unified for the first time behind war hero William Henry Harrison. Rallying under the slogan "Tippecanoe and Tyler, too," the Whigs easily defeated Van Buren.

"This election was unique in that electors cast votes for four men who had been or would become President of the United States: current President Martin Van Buren; President-elect William Henry Harrison; Vice-President-elect John Tyler, who would succeed Harrison upon his death; and James Polk, who received one electoral vote for Vice President."
Estimated Value $10,000 - 12,000.
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Lot 1476
1840-D $2.50 Liberty. PCGS graded AU-50. Only 3,532 struck. Lightly toned with interesting die breaks on both sides. Even with the aforementioned obverse and reverse cracks, this piece is actually rather well struck for an often problematic issue. The hair on the obverse is a touch soft above ERTY and the stars have flatness at the centers, as always seen. The reverse is comparable, with a few sharp areas but also some marginal softness on the neck feathers and wings. Pop 10; 3 in 53, 1 in 55, 2 in 58, 1 in 61 (PCGS # 7719) .

On the reverse the D mintmark is deeply embedded in the bottom of the arrow feather; this is the only die known for 1840-D coinage. The reverse die is bisected twice by die breaks, and is about as shattered a die as we have ever seen in the quarter eagle series. One crack extends from the left border through the left side of N (UNITED), through the leaves, eagle, and into the central motif. Related to this crack, but not necessarily an extension of it, is another crack from the upper right of the shield extending through the juncture of AM (AMERICA) to the border. Still another break, this one probably bisecting to begin with, begins at the top border, extends through the second T (STATES), the eagle's head, body, down through the eagle, the left side of the mintmark, to the border.
Estimated Value $9,500 - 10,500.
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$8,913
Lot 1477
1842-C $2.50 Liberty. NGC graded AU-53. Mostly untoned. A splendid lustrous specimen, above average in striking (although with some weakness at a few places in the design). Pleasing color, almost entirely brilliant. A highly rated piece that sits exactly in the Condition Census. A prize for the connoisseur and specialist.

For a long time, the 1842-C was an underrated date, often forgotten about since it is overshadowed by several "great rarities". But the fact remains, this is one of the rarest Charlotte quarter eagles. Like its immediate predecessor, 1841-C, this date is often found weakly struck. And any specimen graded Very Fine is considered a "find."

According to researches by the Harry Bass Foundation, on December 22, 1841, a single obverse die for the 1842-C quarter eagle was shipped to Charlotte from Philadelphia, followed by another obverse on March 11, 1842. The date logotype on this is very deeply impressed into die, and slightly high. The reverse has the upper right of the mintmark implanted over an arrow feather. Tiny crack from left border to eagle's wing tip. Only 6,729 coins struck. Pop 8; 19 finer, 8 in 55, 8 in 58, 2 in 61, 1 in 65 (PCGS # 7724) .
Estimated Value $6,000 - 6,500.
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Lot 1478
1842-D $2.50 Liberty. NGC graded AU-53. In NGC holder 1270698-001. Pale yellow gold. Luster in and around the devices. Among the finest known examples of this rare and at one time unappreciated Dahlonega quarter eagle, one of just 4,643 pieces produced and with a current population of perhaps only 50 to 60 coins. The surfaces are very overlaid with light golden color, through and through they display a wonderful, clear appearance. Not uncommon for this elusive issue, the strike is relatively robust, with the only evidence of soft striking found on the eagle's neck and leg feathers. Some of the original luster is intact under the toning and blushes of coppery color are seen here and there over each side. A coin that the next owner will respect very highly. Pop 3; 20 finer. (PCGS # 7725) .
Estimated Value $10,000 - 12,000.
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Lot 1479
1843-C $2.50 Liberty. Small date, crosslet 4. NGC graded MS-61. Well struck and untoned with some lustre evident. A gleaming specimen of the perfect affordability quality for this rare date Liberty $2.50. Subdued but complete luster blends effortlessly with pale greenish golden highlights on the surfaces. As usual for the few high-grade examples that are known, it is struck with systematic exactness on the obverse head of Liberty, and one can ignores the slightly rounded stars where a somewhat less than sharp impression was left by the dies. The reverse, too shows excellent detail, with only marginal weakness on the top feathers of the eagle's legs and neck. Rims are choice; surfaces free from nicks and spotting. An ideal coin to choose when considering a purchase of what is verifiably an extremely rare coin! Only 2,988 struck. Pop 3; 2 in 62 (PCGS # 7729) .
Estimated Value $23,000 - 26,000.
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Lot 1480
1843-C $2.50 Liberty. Small date, crosslet 4. SEGS graded MS-63 Prooflike. Well struck from slightly buckled dies. Our grade is MS-60. Light hazy surfaces with pleasing greenish gold luster. Above average strike for this key variety and date. Low mintage of 2,988 struck. Pop 3; 2 in 62. A near-select specimen of one of the most elusive Charlotte quarter eagles in the Liberty $2.50 series. There is a noticeable die bulge at the point of the bust of Miss Liberty, as struck, as always seen, and no doubt this bulge was to blame for the early termination of this die, seemingly after only 2,988 were struck. So rare is this variety that the all-embracing Harry Bass gold sales offered only an AU58 example.

On this variety, the date is in small numerals, from the same size font. The logotype was punched into the die high and closer to the neck truncation than to the dentils. The aforementioned bulge is distinct, and likely was caused during die preparation. Walter Breen writes that the 1843-C Small Date, Crosslet 4 quarter eagles were delivered on April 28, 1843, struck from a pair of dies shipped from Philadelphia on December 23, 1842. The small date numerals are consistent with those used 1840-1842 (PCGS # 7729) .
Estimated Value $15,000 - 17,000.
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Lot 1481
1843-D $2.50 Liberty. Small D. NGC graded MS-61 Crosslet 4. Bold strike, untoned with luster. It is in an exalted frame of mind that we describe this very rare 1843-D quarter eagle for bidders. For it has bright yellow gold with strong luster, or to be more precise, very frosty luster, on both sides. And if one were to conduct a poll among quarter eagle fanciers, we'd see that the strike is nonstandard for the issue in being sharp with the excellent metal flows on both sides into the deepest die recesses; in other words, a very bold strike. The most plentiful of all Dahlonega quarter eagle issues, 1843-D has, all the same, a desirable presence at the grade assigned to it by NGC.

The date logotype is small and thus fits in the space between the neck and denticles with room to spare. On the reverse a barely visible die crack angles in from the rim through the F in OF and on down to the junction of the eagle's wing and shield. Pop 10; 4 finer, 3 in 62, 1 in 63 (PCGS # 7730) .
Estimated Value $8,000 - 9,000.
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Realized
$7,763
Lot 1482
1844-C $2.50 Liberty. NGC graded MS-61. Only 11,622 coins struck. Well struck with light golden toning. A well struck 1844-C that has the most detail on Liberty, but also a very presentable eagle, branch and arrows (only the shield is at all ill-defined, and this is minor). A typical '44-C $2.50 gold piece tends to be poorly struck. And unlike those suffering numerous nicks and scratches, this lovely Mint State specimen has choice fields on both sides. A prolonged experience with all early date Liberty quarter eagles from the Southern branch mints makes us appreciate the present specimen all the more! Pop 4; 5 finer in 62 (PCGS # 7735) .
Estimated Value $15,000 - 17,000.
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Lot 1483
1845-D $2.50 Liberty. NGC graded MS-60. Struck on a nice clean planchet, light greenish color gold. Struck nicely centered and well impressed for the issue with just a touch of weakness on the curls over the ear of Liberty. The eagle's claws and legs are remarkably clear with only slight softness noted. Both sides are lustrous. They display a touch of light greenish-gold color that spreads evenly with the flow of the luster. There is a very small mark on the neck of Liberty that serves as an identifier. This is one of the few times a certified Mint State 1845-D quarter eagle has been sold at public auction; obviously, this coin represents an extremely important opportunity for the Dahlonega quarter eagle specialist.

The 1845-D is one those Dahlonega quarter eagles that, in terms of its overall rarity, ranks 11th rarest of 20 issues in high grade. However, offerings peter out above About Uncirculated 55, are rare in AU 58, and exceedingly elusive in full Mint State. Pop 1; 6 finer; 4 in 61; 1 in 62; 1 in 63. (PCGS # 7738) .
Estimated Value $10,000 - 11,000.
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Lot 1484
1845-D $2.50 Liberty. NGC graded AU-58. Lightly toned. Lustrous smooth golden surfaces with bold highlights and attractive color. Nearly free from even the slightest abrasions and head details on Liberty far in advance of most. A truly outstanding AU58 specimen of a fashionable Dahlonega branch mint issue from our early Southern coining facility. Georgia, upon seceding from the Union in 1861, ceased the Mint and work stopped. The mint there would never again strike coins. Only 19,460 pieces struck. Pop 29; 8 finer (PCGS # 7738) .
Estimated Value $5,700 - 6,000.
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Lot 1485
1846-C $2.50 Liberty. NGC graded MS-62. Well struck, untoned, and lustrious. Only 4,808 struck. Among the finest known. There are as few as six Mint State 1846-C quarter eagles known, the finest being the ex Elrod, Eliasberg, John Clapp, and David Wilson coin in MS 63. The Condition Census piece offered for sale here is among an elite offering of MS62-graded specimens. Nicely struck for the issue with just minor roughness seen at the obverse stars (as made). The surfaces are choice, clean, and with no deep or distracting contact marks. What's more, the luster is semi-granular in texture, with here and there some semi-prooflike glitter in the fields. It would seem to collectors just now that the only thing worth doing in the world is to settle down somewhere comfortable and prepare a strong bid. Pop 2; 1 finer in 63 (PCGS # 7741) .
Estimated Value $15,000 - 17,000.
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Lot 1486
1846-C $2.50 Liberty. NGC graded AU-58. Mostly untoned with lustre still evident. Struck from rusted dies, as cited in the literature (e.g., Douglas Winter, Charlotte Mint Gold Coins, p. 58) there is an area of roughness around the date and many of the stars. Another truly memorable early quarter eagle from this branch mint. A survey of specialized collections of Charlotte Mint coins will reveal that the typically encountered grade is Very Fine or Extremely Fine. In this instance, the coin consigned to us is an exception on the high side. It deserves close attention. Only 4,808 pieces struck. Pop 10; 5 finer, 1 in 60, 1 in 61, 2 in 62, and 1 in 63 (PCGS # 7741) .

Die diagnostics: On the obverse the rust is particularly prominent in the area from star 1 across the date to star 13. On the reverse the rust is lighter, and is seen in the denomination as well as below the eagle's wing to the left.
Estimated Value $9,000 - 10,000.
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Lot 1487
1846-C $2.50 Liberty. PCGS graded AU-50. Only 4,808 minted. A hint of light gold toning. Well struck with full detail on the obverse and only central weakness on the reverse. Both sides have a smoother surface than average, with luster just evident around the devices when the coin is tilted toward a light source. The 1846-C is a very important quarter eagle for the specialized collector; certainly one of the highlights in the date run of Charlotte quarter eagles. Pop 11; 16 finer (PCGS # 7741) .
Estimated Value $6,000 - 6,500.
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Realized
$5,463
Lot 1488
1846-D $2.50 Liberty. NGC graded MS-62. Lightly toned. A lustrous example. Graceful underlying luster supports warm golden hues. A pleasing example of the date, definitely fully struck (unlike its often weak C-mint counterpart), with substantial detail in the head, coronet, and on the eagle and shield area of the reverse where this denomination tends to be weakest. This coin gives the impression of being one that was held out at the time of issue (a rare occurrence in its day) which would account for the strong detail and superior condition of the surfaces. Therefore, stop running around in circles hoping to find a better specimen and give it a firm bid. Only 19,303 pieces struck. Pop 2; 1 in 63, 1 in 64 (PCGS # 7742) .
Estimated Value $11,000 - 12,000.
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Lot 1489
1847-D $2.50 Liberty. NGC graded MS-63. Well struck and untoned. The obverse is frostist on the head of Liberty with a slightly reflective texture in the field that becomes more lustrous at some of the stars. The reverse tends to be more frosty with thin raised die polishing lines left behind after striking. Given the proper amount of strike pressure, the coin was fully brought up by the dies, which adds another layer of desirability to what is already a very presentable specimen of this scarce gold issue. The 1847-D is just a smidgle more plentiful than the 1846-D in most grades, although at this end of the Mint State census, the 1847-D is quite rare. Possibly no more than 10 to 12 Uncirculated pieces exist across a range of grades. Only 15,784 struck. Pop 1; 1 in 64, 3 in 65 (PCGS # 7746) .
Estimated Value $18,000 - 20,000.
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Lot 1490
1848-C $2.50 Liberty. NGC graded MS-60. Only 16,788 pieces struck. Well struck and untoned. Some luster visable. An attractive quarter eagle with a nuance of faint greenish gold on both sides. The strike is virtually complete, although perhaps a hint of weakness is seen at a few of the stars, but nowhere else, which is a blessing. Regarding the strike, most C-mint pieces in the 1840s are poorly struck. However, with this fine collection we are finally having borne in upon us that conviction that the collector who assembled this group had found the secret to purchasing high-quality rarities! Pop 3; 12 finer, 7 in 61, 5 in 62 (PCGS # 7750) .
Estimated Value $10,000 - 11,000.
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Realized
$8,338
Lot 1491
1849-C $2.50 Liberty. PCGS graded AU-53. Only 10,220 coins struck. Light golden toning. An original warm golden example with a ample display of luster glow on both sides. Nicely socked by the dies, perhaps not fully so at the lower body of the eagle, but still well enough that its attraction is enhanced. The are two small obverse marks in the stars at the top, plus a fine hairline through Liberty's nose and eye. This is a very scarce C-mint quarter eagle. Pop 6; 20 finer, 11 in 55, 7 in 58, 1 in 62, and 1 in 64 (PCGS # 7753) .
Estimated Value $4,500 - 5,000.
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Lot 1492
1849-D $2.50 Liberty. NGC graded MS-60. Lovely orange and golden toning. A frosty Mint State with strong underlying luster from the dies that reinforce the beauty of the sharp relief on both sides. The only complaint, if one were to make one, is that some of the reverse rim denticles are squashed in the process of striking this coin. However, the key central devices are crisply detailed. Low mintage of 10,945. Although often erroneously lumped with the 1844-1848 Dahlonega issues, the 1849-D is actually a much scarcer coin. In fact, it is surpassed only by the 1840-1842 trio in terms of rarity among Dahlonega quarter eagles from this decade. There are very few Mint States recorded by NGC: Pop 4; 2 in 61; 7 in 62. (PCGS # 7754) .
Estimated Value $12,000 - 13,000.
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$10,925
Lot 1493
1849-D $2.50 Liberty. NGC graded MS-60. Only 10,945 struck. Untoned. This piece has an outstanding display of soft, satiny luster. Many 1849-D quarter eagles tend to be dull or have problematic surfaces. This, on the other hand is above average in this regard. The obverse and reverse are as sharply struck as we can remember seeing on this rare issue with strong centers. Some typical weakness is found at the lower reverse rim, but in other areas the strike is much sharper than usual.

Often associated with the 1844-1848 Dahlonega issues, the 1849-D is genuinely scarcer than those. In fact, it is surpassed only by the 1840-42 pieces in rarity among the various Dahlonega mint dates in this decade. Pop 4; 2 in 61, 7 in 62 (PCGS # 7754) .
Estimated Value $12,000 - 13,000.
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Lot 1494
1849-D $2.50 Liberty. NGC graded AU-58. A nice bold strike with excellent problem-free surfaces. Light natural uniform golden-olive antique toning. Very scarce in this grade. A problem-free example. Pop 49; 14 finer, 5 in 60, 2 in 61, 7 in 62 (PCGS # 7754) .
Estimated Value $5,500 - 6,000.
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Lot 1495
1850-D $2.50 Liberty. NGC graded MS-61. Lightly toned. Only 12,148 pieces struck. The surface on this handsome '50-D quarter eagle shows smooth lustrous texture throughout with both sides clean as a whistle as they approach the Choice level. It does not appear that this coin has ever been cleaned, nor does not exhibit any mint-made defects that are sometimes often found on Dahlonega quarter eagles. That said, the 1850-D is the most affordable Dahlonega issue of the 1850s. There may be as many as 150 known in all grades, although in Mint condition, this date is very rare. Only a few are known. (A small percentage of those that have been graded Mint State by third-party graders are more properly "sliders" and suffer a discount.) Again, a very rare date in Choice Uncirculated, which is verified by the following census: Pop 12; 1 finer in 63 (PCGS # 7757) .
Estimated Value $14,000 - 15,000.
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Lot 1496
1850-D $2.50 Liberty. NGC graded MS-61. Beautiful surfaces on both sides. A lustrous medium orange-gold specimen with warm honey tones in places. Wholly frosted in the fields, especially in the protected areas on the reverse. This date is also conditionally challenging when it comes to a good strike. For an 1850-D, there are nearly complete design details in all places, front and back, top to bottom. The low mintage and high attrition rate leaves much of today's surviving specimens are at Extremely Fine or lower. This desirable specimen, for the grade surpasses most others and is and devoid of serious marks or spotting. Exceptional quality and good eye appeal combine here to produce a home run! Only 12,148 struck. Pop 12; 1 finer in MS63. (PCGS # 7757) .
Estimated Value $14,000 - 15,000.
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Lot 1497
1851-C $2.50 Liberty. PCGS graded AU-50 PQ. Well struck, problem-free with lovely natural greenish-golden toning. A Premium Quality specimen for the grade which also boasts attractive, unmarked surfaces throughout. Pop 13; 18 finer at PCGS (PCGS # 7760) .
Estimated Value $3,500 - 4,000.
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$3,450
Lot 1498
1852-C $2.50 Liberty. NGC graded MS-60. Only 9,772 struck. Well preserved and untoned. A small mark at Liberty's eyebrow. A frosty, satiny pale greenish golden coin with smooth fields on both sides. Nicely struck as well, with just a trace of weakness at the eagle's neck and legs along with the shield outline and horizontal lines. Pop 3; 7 finer, 5 in 61, 2 in 62 (PCGS # 7764) .
Estimated Value $13,000 - 14,000.
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Lot 1499
1854-C $2.50 Liberty. NGC graded MS-62. Well struck. Lustrous. A great rarity in high grades, especially so in Mint State as seen here. Charlotte struck just 7,295 of these, virtually all of which circulated into much lower grades than seen here. We note the surfaces are a bright greenish yellow gold in color, and we see only a little haze or toning atop the luster. As to the strike, this one really outshines the competition. Noted author Doug Winter wrote in his reference on the series that "Weak strikes are the rule for this date. The obverse is often blurry on the hair around Liberty's ear," etc. We are pleased to report that the hair around Liberty's ear is well struck, especially so given the date, and the reverse shows only a smidgen of the expected softness on the eagle's thigh at left, claws and areas around the shield's frame. In addition, we note a small die crack from the rim to the fraction bar on the reverse with minor collar cuds below on the extreme edge. Virtually no identification points on this one, other than that there is an area of haziness extending from the back of the eagle's neck toward the word OF. An American classic! Rare and seldom offered in Mint State grades. Pop 7; none finer. (PCGS # 7770) .
Estimated Value $20,000 - 22,000.
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Lot 1500
1854-C $2.50 Liberty. NGC graded AU-58. Only 7,295 coins struck. Small mark above the beak and on the right shield corner. Light golden iridescence permeates the protected areas of this satiny AU58 beauty; a coin with several advantages over a lesser grade specimen. The strike is crisp in most areas of the obverse, though some lack of detail may be noted at the central part of the reverse design, as typical. Pop 19; 17 finer, 5 in 60, 5 in 61, 7 in 62 (PCGS # 7770) .
Estimated Value $6,500 - 7,000.
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$6,325
Lot 1501
1854-D $2.50 Liberty. PCGS graded AU-55. Better than average strike and untoned. Slightly prooflike in areas. Brilliant golden color. A high-end About Uncirculated specimen that surely ranks in the top dozen finest known. In fact, this probably could have been called Mint State without fear of contradiction in earlier years before the advent of third-party grading. The 1854 date is deeply impressed into working die. Positioned high and into the truncation, also many raised die lines are seen around the border, and lumps and irregularities are observed between stars 8 and 9, near star 10, and between stars 11 and 12. Such attributes, variations of which exist on other dies, make Dahlonega coins fascinating to collect. On the reverse the upper part of the mintmark overlaps the tail feather. This die was employed earlier in 1852 and 1853.Only 1760 coins minted. Pop 2; 10 finer (PCGS # 7771) .
Estimated Value $12,000 - 13,000.
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$11,500
Lot 1502
1855 MINT ERROR. 5% Off Center @ 5:00. PCGS graded MS-63 PQ. A lovely well struck coin with rich golden toning and reflective surfaces. Gold coin mint errors are rarely encountered. A rare find for the error collector, an early gold piece that was struck off center. Somehow this one escaped the eagle eye of the quality control team at the Philadelphia Mint. Few errors ever do so, at least, not in the 19th century, and especially not when it came to gold coins! As can be seen by everyone in the photographs, the coin has delectable surfaces and a firm hard strike on the main devices. Liberty's profile is almost pristine. And it stands at attention from the more prooflike tendencies of the field which surround. For a coin that was struck off center, all of the stars are razor-sharp. Again, this points to an unusual set of circumstances since often off center strikes tend to be weak in areas. Just the coin for someone who wants something to Wow! the socks off their collecting friends! (PCGS # 7774) .
Estimated Value $5,000 - 5,500.
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$11,500
Lot 1503
1855-C $2.50 Liberty. PCGS graded AU-53. Only 3,677 struck. Nice golden toning. A nick in the field right of the first star. Elsewhere, smooth warm golden-colored surfaces and extensive eye-appeal. It is difficult to judge at a distance when a coin like this will return to an auction sale, but it certainly seems that collectors who covet the rare C and D mint dates will take it miles away by the time this auction settles! It would be quite in keeping with the consistent high quality of the pieces in this consignment that a strong price realized will get recorded! Pop 3; 24 finer, 13 in 55, 7 in 58, 2 in 61, 2 in 62 (PCGS # 7775) .
Estimated Value $6,500 - 7,000.
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$5,290
Lot 1504
1856-C $2.50 Liberty. NGC graded MS-61. Untoned and a nice strike for the date. Only minor unevenness in the hair waves and LIBERTY on the coronet, possibly due to a granular die more than anything else. Both sides exhibit minor planchet depressions or "voids" but the surface is choice throughout, free from marks, without spotting or tarnish. As the photographs so ably show, we have overlooked nothing important about this admirable (and rare) Mint State 1856-C quarter eagle. Only 7,913 pieces struck. Pop 4; 3 finer, 1 in 62, 1 in 63, 1 in 64 (PCGS # 7778) .
Estimated Value $12,000 - 14,000.
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Lot 1505
1858 $2.50 Liberty. NGC graded MS-64. A gorgeous frosty mint specimen. A couple of very small scratches are noted on the cheek, otherwise, a full blazing gem. Delicate golden-orange luster deepening around the devices. Low mintage for the Philly mint as only 47,377 were made. Pop 4; 2 in 65 (PCGS # 7786) .
Estimated Value $4,500 - 5,000.
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Lot 1506
1858-C $2.50 Liberty. NGC graded MS-61. A hint of light gold toning with lustre still visable. Only 9,056 coins struck. Well struck for this usually well featured date. A satiny matte-like specimen with resilient underlying luster and lovely surfaces. From center to periphery, the coin is generally well struck with just a hint of soft design in the area around the shield. Sometimes collectors expect an early branch mint coin of the 1850s to be like clay in the palms of the press operators who manufacture such coins, turning out one perfect specimen after the next. But it was a difficult task to generate consistent quality in the atmosphere of a hardworking mint establishment. The main problem facing Charlotte (and also Dahlonega) was a shortage of talented labor that had to be drawn from the rural surroundings in which these mints were built. The mint's equipment was up to the task, don't think it wasn't. When these two branches were erected in 1835-38, they were equipped with all the latest equipment. But it takes more than machinery to tweak and fine tune a minting press. We should be thankful that a few really attractive, frosty Mint State pieces like this 1858-C quarter eagle are around and can be acquired today. Pop 16; 12 finer, 11 in 62, 1 in 63 (PCGS # 7787) .
Estimated Value $8,000 - 8,500.
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Lot 1507
1859-D $2.50 Liberty. NGC graded MS-61. NGC holder 1293449-038. Intensely lustrous. Light golden color. From the Ashland City description (one of two Mint States in that sale): "The surfaces on this coin are equally lustrous with a lighter yellow-gold coloration and striking deficiencies that mirror the example just offered, but are a bit more pronounced. There are no planchet distractions worthy of mention and the most recognizable post-minting feature is a short hairline scratch that extends horizontally from the base of Liberty's neck to a point just above star 1." Needless to say, the opportunity to choose a Mint State 1859-D Quarter Eagle will seldom present itself again. Pop 5; 3 finer in 62. (PCGS # 7789) .
Estimated Value $15,000 - 17,000.
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Lot 1508
1860-C $2.50 Liberty. NGC graded MS-62. Only 7,469 coins struck. Untoned and an excellent strike for this Mint with extremely attractive, choice surfaces. Among the finest known. Identifiable by a small recessed area in the planchet below the hair bun. NGC serial number 1293449-039. Pop 3; 2 finer in 63 (PCGS # 7792) .

This is the year Lincoln was elected President. This is also the year Congress passed the Morrill Tariff, an act that had the Southern states not seceded from the Union, would have caused a dramatic shift in resources from the South to the Northern industries. The tariff is one of the chief causes of the rupture between North and South, with South Carolina leading off by seceeding in December 1860. A panicky situation soon developed as tensions rose and gold bullion depositors held back their deposits. The Southern branch mints in particular saw reduced coinage, and then the year after this 1860 quarter eagle was minted, all gold coin production ceased in Charlotte, Dahlonega, and New Orleans. The Charlotte Mint was destined never to reopen.
Estimated Value $20,000 - 22,000.
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