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Sale 53
Pre-Long Beach Coin and Currency Auction
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Photo |
Description |
Realized |
Lot 1180 |
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1796 $2.50 Capped Bust. No stars. PCGS graded EF-45. A lovely example. 963 struck. A lovely, still lustrous example from earliest period in U.S. coinage history, the opening year of production for this quarter eagle denomination. The cameo obverse design was quickly abandoned as the devices wore after just limited circulation, this caused by the open fields. Once stars were added later in 1796, the central devices wore more evenly as the stars (along with the raised rim) took much of the heavy pounding. On this particular coin the curls on Liberty show much definition, and as nearly always seen the E of LIBERTY is weak (as it was opposite the eagle's tail). Surfaces are outstanding for their clean (but not "cleaned") appearance -- free of marks or adjustment lines. On the reverse there is an area of weakness at the lower shield, tail feathers, and arrow feathers, but again none of the usual minor imperfections from circulation and handling one finds on these. Perhaps 100 are known of the original 963 struck, and this one is carefully graded by PCGS.
An important type coin since these were struck in the early part of 1796, and they are the first quarter eagles issued by the United States. Always in high demand by collectors. Pop 5; 45 finer. (PCGS # 7645) .
Estimated Value $70,000 - 80,000.
The Mark Gordon Collection Ex: Benson Collection.
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$77,625 |
Lot 1181 |
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1796 $2.50 Capped Bust. Stars. PCGS graded MS-63 PQ. Well struck, problem-free and shimmering with semi reflective mint luster. Lovely golden-orange overtones add to its appeal. Identifiable by three small lint marks in the obverse. This is an outstanding Mint State example and a major rarity one seldom sees offered for sale. Both sides display warm orange-yellow gold surfaces with the patina noted on the high points as well as covering the field surface. The fields, as described, are prooflike on both sides. Very minor surface marks are present. What might at first be mistaken as adjustment marks are actually raised die lines visible at the upper reverse beneath several of the letters in STATES. In the 2002 Bowers sale, the lint marks are described as follows: "Most important are the several obverse lint marks, as struck. Today, these will serve as important pedigree markers. Notable among these is one that crosses Liberty's chin, just above the throat, diagonally from the right obverse field. This is a perfect match for the John Whitney Walter Collection coin, Lot 1790 in Stack's sale of that collection. This coin was cataloged by Stack's as 'Choice Brilliant Uncirculated. Possibly the Second Finest Known.'"
This 1796 quarter eagle type, with obverse stars, is much rarer than the other type of this year, the No Stars issue. The issue is a major rarity in Mint State condition, with just a handful of such coins known per the accompanying census. Perhaps only one or two other uncertified examples of similar caliber are known today. Only 432 struck and one of the major rarities in the Quarter Eagle series. Pop 1; none finer (PCGS # 7647) .
Diagnostics: Features of this With Stars die pair include the digit 6 extending beyond the bottom edge of the drapery on the obverse and the raised die file lines through TATE on the reverse. The 8 + 8 star arrangement on the obverse is unusual with a spacious field between star 1 and the hair curl; this caused a congested appearance of the stars on the right.
Estimated Value $200,000 - 225,000.
Ex Bowers 11/2002; earlier, Stack's Whitney Walter Collection coin, Lot 1790.
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Lot 1182 |
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1796 $2.50 Capped Bust. Stars. PCGS graded AU-55 BD-2, Breen-6114. Lightly toned with some luster visable. A worldly dose of pleasing golden color enlivens the broad expanse of open fields and raised devices on this Stars on Obverse quarter eagle struck the first year of issue. The fields are essentially well cared for so desirable a grade as AU55, with the strike bold enough to warrant special mention. Careful scrutiny with a magnifying glass reveals the following minor points: minor wear on the forehead and front of cap where the two merge together (more than likely due to strike); a little patch of crosshatch adjustment lines in the shield on reverse. The fields are remarkable for their smooth freedom from marks. We not a tiny lint mark touching the cloud below (O)F. That is all. The coin is gorgeous!
It is believed -- based upon estimates published by Walter Breen -- that only 432 examples were struck of the second or "Stars Obverse" quarter eagle. Interestingly, these were of a design motif that would be discontinued after only a few short years, 12 to be exact. Within these 432 there is a single die variety.
Designed by Robert Scot, the 1796 quarter eagle features the capped head ("bust") of Liberty looking right. The field has 16 stars arranged 8 + 8.
The reverse carries the familiar Heraldic Eagle design similar to that used on gold and silver denominations of the late-1700s to early 1800s era. Adapted from the Great Seal of the United States, the center motif depicts an eagle with a shield ("escutcheon") on its breast, holding an olive branch and arrows in its talons, and in its beak a ribbon inscribed E PLURIBUS UNUM. A "crest" of stars is above, with a row of clouds in an arc extending from one wing to the other. The inscription UNITED STATES OF AMERICA surrounds. There is no mark indicating the denomination.
Of the 432 pieces believed to have been minted, it has been estimated by students of the subject, that perhaps as few as 40 or 50 survive in all grades. Pop 5; 4 in 58; 1 in 61; 1 in 62; 1 in 63. (PCGS # 7647) .
Estimated Value $100,000 - 110,000.
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Lot 1183 |
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1805 $2.50 Capped Bust. . BD-1, Breen-6121. PCGS graded AU-58. Nice light gold toning with semi reflective surfaces. Low mintage of 1,781. Only the one die pairing known for this year. The Capped Bust Right Quarter Eagle type which began in 1796, lasted through 1807, however total production was under 20,000 coins in that entire span of 20 years! The rarity of these has always been appreciated by numismatists and from an early date the 1805 has been sought-after along with the rest as really quite elusive in all grades. This lovely AU58 example shows refreshing amounts of smooth yellow-gold luster with subtle greenish accents. Under magnification, wispy adjustment marks can be seen angling across the portrait. A short curved lint mark does not quite touch the first S in STATES. Pop 13; 7 finer. (PCGS # 7653) .
Estimated Value $19,000 - 21,000.
The Mark Gordon Collection.
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$18,975 |
Lot 1184 |
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1808 $2.50 Capped Bust. . BD-1, Breen-6125. NGC graded AU-58. Popular first year type coin. 2,710 struck. According to numismatic researcher William T. Gibbs, "On the obverse, Liberty faces left, wearing a soft headgear that resembles a nightcap, inscribed LIBERTY on the headband. Her bust is lightly draped (the cap and drapery give the coin one of its names).
Seven six-pointed stars appear in front of Liberty's face, with six stars behind her head. The star at the lower right, the 13th (counting clockwise from the lower left), is notched on the point that points to the dentils. The stars in the same position on other designs and denominations of that era are also notched in the same way, even when from different punches. Researchers believe [mint engraver John] Reich "signed" his dies in that unusual way.
The reverse introduced on the half eagle in 1807 and on the quarter eagle in 1808 features an eagle with wings outspread, head turned to look over its right shoulder. It grasps an olive branch (representing peace) in its right talons and a bundle of three arrows in its left talons (representing war). The eagle's gaze in the direction of the olive branch implies heraldically a preference for peace rather than for war. A shield rests upon the eagle's breast.
The denomination appears below (the first denominations to appear on U.S. gold coins; the earlier gold coins bear no denominational markings). On the quarter eagle, it appears as 2 1/2 D.
Similarities and differences. Reich recreated the $5 designs for the smaller denomination in 1808. A comparison of an 1808 Capped Bust Left quarter eagle to any of the Capped Bust Left half eagles reveals minor design differences between the two.
A lovely About Uncirculated 58 specimen, and worthwhile acquisition by any standard, the luster is somewhat timid around the main devices, but clearly present, while pale golden color blossoms on both sides. The strike, like the luster, is more than adequate for what is often a poorly struck issue, indeed, as bold as even some higher grade specimens of the date sold in recent years. Pop 13; 16 finer.
Estimated Value $90,000 - 100,000.
The Mark Gordon Collection.
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| Unsold |
Lot 1185 |
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1830 $2.50 Capped Head. PCGS graded MS-63. Lovely golden toning. Well struck with reflective surfaces. Only 4,540 minted. Rich orange gold with all the cartwheel flash one could hope for at this choice grade level. Somewhat Prooflike on both sides, as is often the case with the 1830 issue, especially noticeable at the peripheries, with more satiny luster capping the frosty devices. Well struck and finely detailed, with the centers being a skosh soft. The fields exhibit some very subtle inherent beauty far in advance of its grade. The only significant post-striking flaw is short line of marks inside the cap above the E in LIBERTY, plus a shorter-still mark on the 4th vertical shield stripe. A very desirable example of the date and type, an issue that is sought after in all Mint grades though mostly seen in lower (and often optimistic) circulated grades. An MS63 such as this is unusual. Pop 7; 9 finer; 4 in 64; 5 in 65. (PCGS # 7670) .
Estimated Value $24,000 - 26,000.
The Mark Gordon Collection.
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$24,150 |
Lot 1186 |
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1836 $2.50 Classic Head. Script 8. PCGS graded MS-64. Well struck and frosty. Quality and eye appeal characterize the coins in this consignment, and the presently offered 1836 Script 8 quarter eagle fortifies that. While there are a fair amount of 1836 quarter eagles in numismatic holdings, only a handful have we ever seen that can possibly duplicate the eye appeal and overall quality of the one offered here. The obverse has a veritable wealth of detail in the main devices, with most hair details delineated, the stars full, dentils sharp, and the date bold -- the very definition of the design. The reverse, perhaps even more miraculously, is also a model of minting excellence -- with every feather in the eagle's wing showing, the leaves in the branch crisp, the arrowheads possessing all their miniature features, the dentils again as sharp as can be, and everything else. We should emphasize also that the fields are rich and creamy lustrous. If this piece had been certified as a gem we would have nodded our agreement. As it is, being full Mint State 64 hands the astute bidder a once-in-a-decade opportunity.
The present piece is picture-perfect and desirable, an ideal MS64 specimen for the gold aficionado as well as for someone aspiring to build a beautiful type set. That is the point which we wish to make. Pop15; 2 finer in 65. (PCGS # 7694) .
Estimated Value $11,000 - 12,000.
The Mark Gordon Collection Ex: H W Bass Jr. Collection.
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$11,213 |
Lot 1187 |
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1839-C $2.50 Classic Head. PCGS graded MS-61. A lovely full strike exhibiting traces of mint luster and all a pleasing pale golden color. A total mintage of 18,140. The lowest mintage of the short-lived William Kneass or "Classic" head type was registered by the first mintmark issue, the 1838-C, of which only 7,880 were struck. The mintmarked issues of the next year, 1839-C, 1839-D, and 1839-O, are all scarce, with the typically encountered grade being Very Fine or, occasionally, Extremely Fine. Any coin in Mint State grade is a rarity. At the time, the numismatic community -- consisting of no more than a couple hundred widely scattered enthusiasts -- took no note of mintmarks, and not even the Mint Cabinet saved specimens. Hence, the extremely low census in Mint condition: Pop 1; 2 finer in 62. (PCGS # 7699) .
Three die varieties for 1839-C are known, this example being variety C. Rather than being an overdate, this is better described as a repunched date. On the present piece extensive die breaks can be found on both sides.
Identification of three die varieties: 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 $20,000 - 25,000.
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Lot 1188 |
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1839-C $2.50 Classic Head. NGC graded MS-61. Only 18,140 minted. This handsome Mint State '39-C quarter eagle appeared a few years back in a Heritage FUN sale (January 2003) where it was described thusly "Extensive die cracks are seen on each side, indicating this is probably the terminal state for this die. The surfaces are bright and satiny with just a hint of semi-reflectiveness in the fields, a result of die striations that can be seen with magnification. Sharply defined in the centers, the peripheral stars are also better defined than usual. Numerous light abrasions are scattered over each side and account for the grade, but the light green-gold color of the coin shows little of the reddish patina so often encountered." The coin, as the photos clearly show, has a wealth of history and numismatic virtues supporting it. It should prove an enjoyable addition to any specialist's coin collection! Pop 9; 2 in 62;1 in 63. (PCGS # 7699) .
Estimated Value $18,000 - 20,000.
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Lot 1189 |
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1839-C $2.50 Classic Head. . Ex Ashland City (Heritage Jan. 2003). NGC graded MS-61. Only 18,140 minted. Extensive die cracks are seen on each side, indicating this is probably the terminal state for this die. The surfaces are bright and satiny with just a hint of semi-reflectiveness in the fields, a result of die striations that can be seen with magnification. Sharply defined in the centers, the peripheral stars are also better defined than usual. Numerous light abrasions are scattered over each side and account for the grade, but the light green-gold color of the coin shows little of the reddish patina so often encountered. Pop 9; 2 in 62; 1 in 63. In a new NGC 4 pronged holder (PCGS # 7699) .
Estimated Value $18,000 - 20,000.
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$18,400 |
Lot 1190 |
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1839-C $2.50 Classic Head. PCGS graded AU-58. Only 18,140 pieces minted. A pleasing example exhibiting golden sunset colors. Sharply struck with frosty, lovely gold luster. A few very minor surface marks are noted. This variety has a sharply recut 39 in the date and is from the same reverse die as used for 1838-C coinage. Some confusion surrounds the varieties of 1839-C quarter eagle coinage. There are, in fact, only three varieties known, from two obverse and three reverse dies. The other obverse has the upper curve and lower knob of digit 9 connected, mated with two reverse dies both used only in 1839. This example is among the finest certified by PCGS and is possibly destined for a museum-quality set of Classic Quarter Eagles.Pop 8; 3 finer, 1 in 61, 2 in 62 (PCGS # 7699) .
Estimated Value $10,000 - 12,000.
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Lot 1191 |
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1839-C $2.50 Classic Head. NGC graded AU-55. Untoned example. 18,140 pieces struck. A lustrous matte-like specimen with resilient underlying luster around and within some of the devices and light golden highlights. From center to periphery, the coin is generally well struck with no hint of weakness at the eagle's neck. Several die cracks noted on either side. The most dramatic extends from the lower reverse rim, just touching the left edge of the 2 in the denomination, up through the eagle and left shield corner through the beak. How this die kept striking coins is a mystery! A very attractive example of an historic Charlotte Mint issue. Pop 37; 89 finer. (PCGS # 7699) .
Estimated Value $5,000 - 5,500.
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$5,175 |
Lot 1192 |
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1839-C $2.50 Classic Head. PCGS graded AU-55. Well struck with bisecting die crack from star 2 thru star 9. Lovely golden toning on both sides. While a relatively common coin in lower grades, the '39-C is very elusive in solid AU condition or higher with tremendous demand from collectors at this level. This is an attractive example, and has all of the qualifications for the grade and then some. The surfaces are frosty and light reddish-golden with only minimal abrasions for the grade. What seem to be defects on many 1839-C quarter eagles are actually either die cracks or planchet depressions common to this variety. First of the Charlotte Mint quarter eagles. And distinctive in having the mintmark on the obverse, above the date. Only 18,140 struck. Pop 28; 8 in 58, 1 in 61, 2 in 62 (PCGS # 7699) .
The story of the Charlotte Mint begins with the discovery of gold in that part of the country. Colonial-Era America had precious little in the way of domestic mines, leading to a general shortage of metals of all kinds. This situation persisted throughout the Revolution and the early years of the republic.
Minor gold discoveries were made in the region of the Carolinas and Georgia in the early 19th century, but then came a discovery of extensive deposits in Mecklenburg County. This touched off the nation's first gold rush, and the influx of so many miners only increased the rate at which gold discoveries were being made. Things reached a fever pitch during the 1820s and '30s. Eventually, calls went out for the government to create a mint to handle the bullion deposits. One was set up in Charlotte, North Carolina in 1838 and another further South in Dahlonega, Georgia that same year.
Estimated Value $5,000 - 5,500.
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Lot 1193 |
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1839-O $2.50 Classic Head. PCGS graded MS-63. A well struck frosty mint example in natural greenish color gold. An extremely significant coin in this grade, and certainly one of the very finest known of this date. Condition Census. Identifiable by a tiny v-shaped scuff in the frost of the cheek by the lips. A scant 17,781 quarter eagles of the Classic Head Type were coined in New Orleans during 1839, all bearing the obverse Mintmark above the date. This particular one was saved in very choice Mint State condition, and somehow came down through the decades and generations virtually undiminished from the day it was coined. Note the satiny luster on both sides, with splendid surfaces that show virtually no significant signs of handling. There is a die crack through the I of UNITED down through the upper disconnected leaf pair, and touching one claw point, then down to the rim through the first 2 in the denomination. Another crack up above joins the left wing, beak and right wing.
As to rarity, this one is tied for the finest graded with 6 others at PCGS (see below). An exceptional opportunity for the astute numismatist. Pop 6; 5 finer in 64 (PCGS # 7701) .
Note: Unless one has made a study of this Type, a casual collector of Classic Head 1834-1839 quarter eagles fails to take into account that these are laden with many numismatic treasures, the vast majority of which are unrecognized except by specialists, but which upon inspection will reward the owner with many hours of enjoyable study. The preceding listing has, to our knowledge, some of the most extensive die breaks seen on this date.
Estimated Value $25,000 - 27,000.
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Lot 1194 |
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1842-D $2.50 Liberty. NGC graded AU-53. In a new 4 pronged NGC holder. Well struck on slightly marbeled surfaces and untoned. All details nice and strong. Only 4,643 minted. Lustrous light yellow gold. Excellently struck -- notably so -- including far more details than average (but not needle sharp) definition on the eagle's neck and shield. A highly important variety. Only a few reported in Mint condition.
The date logotype on the 1842-D is high and more deeply impressed at the top of the date than at the bottom, indicating that the logotype punch was not driven in a true vertical alignment. Very minor traces of repunching under the 1. Reverse has the D mintmark overlapping a feather, with part of the feather visible at the center of the letter and a tiny part of the feather extending from the left of the upright.
Throughout the early 1840s quarter eagles, collectors are confronted with a very small production totals. Nearly all have disappeared, with the result that the population today is very low, possibly existing only to the extent of several dozen specimens. The 1842-D may be in the same league as a rarity with the 1854-D, 1855-D, and 1856-D, and certainly is rarer than the latter two in grades above than Extremely Fine.
The virtual unavailability of such pieces should be emphasized. Stated another way, never in the history of numismatics has anyone ever assembled an Uncirculated set of Dahlonega Mint quarter eagles. Pop 4; 20 finer with 7 in 55, 8 in 58, 4 in 61, 1 in 62 (PCGS # 7725) .
Estimated Value $6,000 - 6,500.
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$6,325 |
Lot 1195 |
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1842-D $2.50 Liberty. NGC graded AU-50. Only 4,643 struck. A legendary rarity in Dahlonega Mint quarter eagles, the 1842-D was produced to the tune of 4,643 pieces, small by any measure, even of the 1840s. Fewer than a hundred remain in all grades, which ranks the '42-D fifth in overall rarity in this D-mint gold series per the Winter reference on Dahlonega coinage.
Even worn-gold color on both sides of this extremely important gold rarity. The strike is typical for both the issue and the coinage facility, with overall decent definition that wanes only slightly over a few of the highpoints in and around the centers. Somewhat rough surface is noted with the usual light scattered abrasions mostly of small size and not out of context with the AU50. A rare "find" for the collector of early branch mint issues, and one that should be appreciated by its new owner for many years to come. Pop 5; 24 finer. In a new NGC 4 pronged holder (PCGS # 7725) .
Estimated Value $5,500 - 6,000.
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$4,830 |
Lot 1196 |
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1843-O $2.50 Liberty. Small date, crosslet 4. NGC graded AU-55. An untoned example in pale yellow gold. Obverse and reverse surfaces show some luster, imparting a special quality to the piece. The strike is weak at the stars, especially tose along the top margin. On the obverse, there is a Small Date logotype fitting comfortably between the neck and the dentils, and about centered (PCGS # 7731) .
Estimated Value $300 - 325.
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$368 |
Lot 1197 |
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1844-C $2.50 Liberty. NGC graded MS-61. Well struck on a problem-free planchet, all lightly toned. A total of only 11,622 minted. One of the finest known. Fairly lustrous, intermingled with original orange-gold patina (indicating long careful storage away from harmful elements). A high quality Mint State seldom seen among quarter eagles of this date and mint. High Condition Census.
In his work on the subject, Douglas Winter lists just one known Mint State specimen. Since publication, others have been certified but when comparing the population figures listed below, the number is seen to be very small. The Charlotte specialist will wish to consider this opportunity carefully and bid strongly. A related opportunity may not recur.
(Population numbers should be taken advisedly since such numbers may not actually represent different specimens; often the coins are resubmitted for possible upgrades.)
The date logotype of 1844-C is very deeply punched into the die, and to the left. The top of the 1 touches the base of the neck truncation, while the lower left serif of the 1 touches a dentil. On the reverse the mintmark is large and high, embedded in the arrow feather, with a small part of the feather visible within the upper curve. Pop 5; 5 better in 62 In a new NGC 4 pronged holder (PCGS # 7735) .
Estimated Value $10,000 - 11,000.
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$11,500 |
Lot 1198 |
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1848 $2.50 Liberty. CAL above eagle. NGC graded AU-55. Mostly untoned with semi reflective surfaces. When California's gold discovery became known to Easterners, the news set off the most famous human stampede ever. Late in 1848, an initial shipment of 228 ounces of bullion made its way via military channels (including Secretary of War William Marcy) to the Philadelphia Mint. Marcy instructed Mint Director Robert Patterson to have the gold coined into specially marked Quarter Eagles. In response, Patterson had struck some 1,389 pieces in December of that year, each with counterstamped CAL. above the eagle on reverse. (The counterstamping was done in a separate step while the coin rested in the die, so as to avoid creating a flattened spot on the opposite side.)
The 1848 CAL. quarter eagle has long held a place of honor in the hearts of 19th century gold specialists. It is historically significant as an issue struck from discretely identifiable bullion from the California Gold Rush. It is also a scarce coin, although perhaps not quite so rare as some early numismatists have proclaimed. This is a light-colored example with yellow to slightly green-gold tendencies. The surfaces are a smooth in texture. One or two scattered distractions include a few moderate abrasions on the neck, a faint hairline from the rim through the 4th star, across Liberty's brow to the curl above her ear, plus a pair of small rim bruises at stars 8 and 10. Both sides are lightly worn, as suits the grade, with appreciable boldness on all devices including for the hair around Liberty's brow on the obverse. The eagle's neck and the shield edge on the reverse are a shade softly impressed. The all-important CAL. inscription is deep and readily appreciable in the upper reverse field. It is an occasion of all-consuming pride for us when we can offer a certified representative of this important Liberty quarter eagle for bidder consideration. Pop 6; 32 finer. In a new NGC 4 pronged holder (PCGS # 7749) .
Estimated Value $40,000 - 45,000.
The Mark Gordon Collection.
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$42,550 |
Lot 1199 |
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1850-C $2.50 Liberty. NGC graded MS-61. Only 9,148 minted. It is known that the 1850-C is generally regarded as the second most common C-mint quarter eagle from the 1850s. But that only makes it one of the most readily affordable. Furthermore, the issues becomes increasingly scarce in the higher grades with precious few Mint States known. The peripheral details on this handsome coin are much sharper than average, which makes it an example that is strongly struck. Some of the interior devices show characteristic softness, noticeable at the eagle's feathers and talons, but it is important not to overlook the fact that the reverse die used here was only activated for a portion of the '50-C production and was its first and only usage. There is a small mark at Liberty's chin; another, like a chattermark, behind the hair bun, and a minor flake or void on the throat (as struck). A slight green-gold patina covers the very lightly abraded surface luster for an acceptably lustrous MS grade. Pop 14; 2 in 62; 1 in 63. In a new NGC 4 pronged holder (PCGS # 7756) .
Estimated Value $7,500 - 8,000.
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$7,475 |
Lot 1200 |
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1850-D $2.50 Liberty. NGC graded MS-61. Only 12,148 minted. If any "D" mint date can be said to be affordable to the serious buyer then it is the 1850-D quarter eagle, the most available Dahlonega quarter eagle from the 1850s. There are upwards of 150 known, including three or four dozen in AU. This date is usually seen with a relatively uneven strike, though the example offered in this lot is clearly sharper than that. On the obverse, there is some weakness above the ear while the reverse has a touch of weakness on the eagle's legs. Both sides show some minor weakness on the denticles, as typically seen on this issue.
A number of small, shallow ticks can be seen in the obverse fields with light magnification. The reverse is cleaner and approaches the Choice level. It does not appear that this coin has ever been cleaned and it does not have any of the mint-made defects often found on 1850-D quarter eagles. A good deal of frosty luster can be seen on both sides but is slightly obscured by the depth of the orange-gold toning on the obverse. (Most 1850-D quarter eagles have poor luster.) Pop 14; 1 in 62; 1 in 63. (PCGS # 7757) .
Estimated Value $10,000 - 11,000.
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Lot 1201 |
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1850-D $2.50 Liberty. NGC graded MS-61. Well struck with a nice deep depression. The surfaces exhibit delicate golden sunset toning. We note some tiny marks about the outer rims. Only 12,148 minted. A very scarce year in Mint condition (Bass's was only AU58). Identifiable by a slight rim mark above star 6 and a small field mark (equally insignificant except for provenance tracing) beside star 8. Lustrous honey gold with considerable brilliance and frost through all areas. Better struck than typically encountered circulated specimens of the date, with exceptional eye appeal and fairly strong obverse & reverse details as well. (The typical specimen extant today is Extremely Fine or lower in grade.)
On 1850-D, the date is set far too high and right, piercing the neck of Liberty and distant from the dentils. On the reverse the center of the D mintmark is about 50% occupied by a diagonal part of the arrow feather. Pop 14; 2 finer with 1 in 62, 1 in 63 In a new NGC 4 pronged holder (PCGS # 7757) .
Estimated Value $9,000 - 10,000.
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Lot 1202 |
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1851-C $2.50 Liberty. NGC graded MS-61. Light yellow-gold luster without toning and spot-free. A crisp strike. Slightly Prooflike obverse. One of the very few Mint States reported. In the overall landscape of Charlotte and Dahlonega Mint gold rarities, par for the course is apt to be Very Fine or the occasional Extremely Fine piece. When truly great collections are formed, then About Uncirculated examples come onto the market, plus the very occasional Mint State. We note a few light scuffs in the face around the eye while the reverse is appreciably frostier than the obverse. With this sale we are pleased to observe that all conventional "standards" are thrown out the window since pieces representing several decades of connoisseurship are being brought to the market. This attractive 1851-C is a leading example. A collector's dream come true!
Walter Breen, an authority on the series, reported that of three pairs of dies were made available for the coinage this year, with but one pair known to have been used. The date logotype is lightly impressed into die and placed far left, with tip of 1 overlapping the neck truncation. The reverse has the C mintmark high and overlapping the claw (mintmarks were added to the dies after the main device was completed). A feather vein touches lower right of C, below the opening, indicating a particularly high position. Only 14,923 coins minted. Pop 10; 3 in 62. In a new NGC 4 pronged holder (PCGS # 7760) .
Estimated Value $7,500 - 8,000.
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$7,475 |
Lot 1203 |
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1851-C $2.50 Liberty. NGC graded MS-61. Only 14,923 minted. One of a pair of nice MS61 examples consigned to the sale. For the collector, this is an opportunity. Since its inception in 1796, quarter eagle production at the Philadelphia mint rose steadily to more than 1 million coins in 1851. But coinage at the three southern branch mints lagged tremendously, particularly the coinage at Charlotte, North Carolina. Needless to say, the 1851-C is one of the most difficult issues in Mint condition in the early Liberty quarter eagle series. Diligent work will locate you one from the small population of pieces graded at this level by NGC. The strike is generally bold, but slight softness of detail is noted here and there, mainly in the reverse center. A nicely frosted example for either the high quality date collector or the advanced C and D mint specialist. Pop 10; 3 in 62. In a new NGC 4 pronged holder (PCGS # 7760) .
Estimated Value $7,500 - 8,000.
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Lot 1204 |
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1852-C $2.50 Liberty. NGC graded MS-60. Only 9,772 struck. A small dig in the reverse field by the right wing is a useful identifier for this frosty MS example. Lustrous, mint-frosty surfaces put on a show with their light golden glow and beaming iridescence, the overall appearance greatly reinforced by semi-cartwheel luster. Regarding this date slightly more than a dozen have been certified by the grading services, mainly in the MS60 to MS62 grades. Once again, we have at our fingertips a coin which combines rarity, romance, and exceedingly rich heritage, the type of coin that only appears on the market once a few years, if indeed that often. Pop 4; 7 in 61; 2 in 62. In a new NGC 4 pronged holder (PCGS # 7764) .
Estimated Value $9,000 - 10,000.
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Lot 1205 |
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1853 $2½ Liberty. ANACS graded AU-55. Toned. Lustrous fields and devices on both sides with nice, smooth fields berift of the usual circulation marks. Breen-6222.
Estimated Value $200 - 220.
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| Realized
$265 |
Lot 1206 |
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1854-C $2.50 Liberty. NGC graded MS-62. A nice untoned example. 7,295 struck. Pure and simple, this is a classic quarter eagle rarity in high grades, especially so in choice Mint State as seen here. Charlotte struck very few of these, virtually all of which made it into circulation and therefore the few survivors are in much lower grades. We note the lustrous, desirable, and definitely un-circulated surfaces of this specimen bedazzle the eye with their vibrant golden glow. Then, too, we see none of the usual haze or dullness over the luster. As to the strike, this specimen really excels. Noted expert 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. The reverse is always weaker than the obverse; the center and eagle's claws are invariably very weak…." We are pleased to say that the hair around Liberty's ear is decidedly sharper than most, especially so given the date, although the reverse shows the expected softness on the eagle's thigh, claws and areas around the shield. Pop 7; 1 finer in 63. In a new NGC 4 pronged holder (PCGS # 7770) .
Estimated Value $13,000 - 14,000.
Ex: Ashland City.
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$14,950 |
Lot 1207 |
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1854-C $2.50 Liberty. NGC graded MS-60. 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 reddish gold color, and we see none of the haze or toning over the luster. As to the strike, this one really shines, noted expert 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. The reverse is always weaker than the obverse; the center and eagle's claws are invariably very weak…." We note that the hair around Liberty's ear is fairly well struck, especially so given the date, although the reverse shows the expected softness on the eagle's thigh, claws and areas around the shield. In addition, we note a small die crack from the rim to the fraction bar on the reverse. An American classic. Rare and seldom offered in Mint State grades. Population figures are as follows: Pop 5; 5 in 61; 7 in 62; 1 in 63. In a new NGC 4 pronged holder (PCGS # 7770) .
Estimated Value $7,000 - 7,500.
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Lot 1208 |
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1856-C $2.50 Liberty. NGC graded MS-61. A nice untoned example.Frosty for the issue, as seen here, the bright-gold surface with acceptable level of irregular surface quality, only a few random bagmarks. It is easy to see this piece was not delivered a sufficient blow by the dies, possibly they were worn beyond their normal use period; the strike was imparted left a soft image due to their worn condition.
Winter's book, Charlotte Mint Gold Coins, reinforces by implication our sentiment: "The 1856-C has the dubious honor being among the most poorly struck of all Charlotte quarter eagles. The obverse is especially weak and, sometimes, the ERT in LIBERTY is almost illegible. Most specimens have mint-made depressions (caused by die rust) before the first and between the second and third stars. Another depression, above the eagle's head, is also commonly seen. Others are found struck on granular planchets. The 1856-C is, in high grades, rarer than the more celebrated 1855-C, despite popular belief to the contrary." Only 7,913 minted. Pop 6; 3 finer; 1 in 62; 1 in 63; 1 in 64. (PCGS # 7778) .
Estimated Value $8,000 - 8,500.
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| Realized
$7,360 |
Lot 1209 |
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1858-C $2.50 Liberty. NGC graded MS-61. Only 9,056 minted. The coin that we are offering impresses us with its with virtually full star pattern and hair curls on the obverse and only a modicum of softness on the eagle's shield, neck, and leg feathers on the reverse. The luster is vibrant, being modestly frosty in finish with fields that shine through reddish gold patina. There are some marks on the face and in the field by the 4th and 4th stars on the obverse but well within the limitations of the MS61 grade level. Really a nice coin, and a premier condition rarity in the U.S. gold series. Pop 17; 13 in 62; 2 in 63. In a new NGC 4 pronged holder (PCGS # 7787) .
Estimated Value $6,000 - 6,500.
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$5,750 |
Lot 1210 |
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1858-C $2.50 Liberty. NGC graded MS-61. Only 9,056 minted. Part of a duet of 1858-C Liberty quarter eagles consigned to us. This Charlotte release is the most prominent C-mint quarter eagle produced in the 1850s, and in fact the most readily available C-mint of any decade after the 1839-C, 1843-C Large Date, 1847-C, and 1848-C. Although common in an absolute sense fails to cover the grade class of Mint State, since the Charlotte Mint recorded an original delivery of just 9,056 pieces in 1858. The preservation makes this example rarer still. Prior to the consignment of this coin, we had handled only on occasional '58-C quarter eagle in Mint condition, all of which qualify for Condition Census standing: Pop 17; 13 in 62; 2 in 63. In a new NGC 4 pronged holder (PCGS # 7787) .
Estimated Value $6,000 - 6,500.
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Lot 1211 |
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1859-D $2.50 Liberty. NGC graded MS-61 PQ. A splendid deep bold impression with intensely lustrous surfaces throughout. An untoned beauty and a Premium Quality coin for the grade. One of the key rarities in the Dahlonega mint series. Only 2,244 minted. An exceptional specimen, a Condition Census piece. First of all, the grade is far from the usual Very Fine or Extremely Fine 1859-D, and in fact, it ranks close to the highest echelon. Further, and perhaps as important, the coin has a far above average strike. Scholars have made special note that the dentils of the various C and D mint quarter eagles and few are this separated and distinguishable, this being different than the typical mushy coin. In addition, the piece has a beautiful overall aesthetic appeal -- a splendid specimen.
Probably not more than 100 to 200 survive from the original mintage. The obverse die notably basined during manufacture, giving a concave look, and the date is set quite low. On the reverse the D is deeply set into the die and high, with the feather details occupying the upper left 50% of the center. The master die is boldly impressed into the working die, giving all letters and other features special prominence. Pop 6; 2 finer in 62 In a new NGC 4 pronged holder (PCGS # 7789) .
Estimated Value $11,000 - 12,000.
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$13,225 |
Lot 1212 |
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1860-C $2.50 Liberty. NGC graded MS-62. Well struck and untoned. A couple of minor planchet flaws as made, one behind the head of Liberty and another left of the eagle. These are mentioned only for accuracy and do not deter from the attractiveness of this coin.
From the Ashland City description: "Final year of issue for C-mint Quarter Eagles and, being produced at a Southern Mint, immensely popular as such. Just 7,469 pieces were minted, yet the '60-C ranks in the bottom half of the twenty Charlotte issues of this denomination for both overall rarity and high grade rarity. Still, locating a high grade example with decent eye appeal can be quite a challenge. This remarkably preserved example has bright, yellow-gold surfaces that are modestly reflective, with a few scattered field marks along with the planchet flaking and roughness common to virtually all known examples. High on the list of Condition Census survivors and an important Charlotte Quarter Eagle for the serious collector." Pop 3; 2 finer in 63 In a new NGC 4 pronged holder (PCGS # 7792) .
Estimated Value $14,000 - 15,000.
Previously from Heritage 1/2003:4714; Ex Ashland City, $16,100.
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$19,200 |
Lot 1213 |
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1860-S $2.50 Liberty. Fine-15. Lightly cleaned. Only 35,600 made.
Estimated Value $150 - 160.
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| Realized
$196 |
Lot 1214 |
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1867-S $2.50 Liberty. NGC graded MS-61. The only weak spot in the strike is seen at the lower reverse around the shield and claws. The fully frosty example we now hand over bidders beats (from a technical angle) practically all of the other Mint States of this elusive quarter eagle that have passed through the various grading services. 1867-S has a low mintage, 28,000 made, which accounts for the low survival in Mint condition: Pop 9; 1 finer in 62.
Estimated Value $2,600 - 2,700.
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| Realized
$3,220 |
Lot 1215 |
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1870-S $2.50 Liberty. NGC graded AU-58. Nice golden toning. Only 16,000 minted. Frosty golden surfaces display much residual luster with natural patina. Sharp and appealing for this scarce, low-mintage San Francisco Mint issue. Pop 24; 12 finer. (PCGS # 7812) .
Estimated Value $1,700 - 1,750.
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Lot 1216 |
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1872 $2.50 Liberty. NGC graded AU-58. Nice golden toning, lustrous and well struck. Only 3,000 minted of this very scarce Philadelphia Mint issue. Pop 21; 12 finer; 6 in 61; 3 in 62; 3 in 63. (PCGS # 7815) .
Estimated Value $2,000 - 2,100.
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$2,013 |
Lot 1217 |
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1895 $2.50 Liberty. NGC graded Proof 66 Ultra Cameo. Only 119 proofs struck. Lovely golden toning on both sides. Out-and-out gorgeous field-to-device contrast is perhaps the first feature that a viewer sees when he looks over both sides of this breathtaking Gem Proof. It is not the only feature, but the main one that quickens the heart's beat. Deep, rich, orange-gold color is also a praiseworthy feature, painstakingly acquired over many decades by a natural process. The needle sharp devices speak for themselves. Under magnification they are even sharper looking than they seem in the photographs. There is not a single contact mark or significant hairline that would cause one to question the validity of the assigned Proof 66 grade, nor can we find any pedigree markers of note (a euphemism for "marks" or "spots" that catch the eye). The original purpose of making Proof Quarter Eagles was to please coin collectors, who were few in 1895; sales amounted to a mere 119 pieces -- a total that is about in the middle of the scale for the Liberty series in the 1890s and 1900s. Few remain in such outstanding condition! Pop 15; 9 finer, 8 in 67, 1 in 68.
Estimated Value $18,000 - 20,000.
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| Realized
$18,975 |
Lot 1218 |
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1902 $2.50 Liberty. PCGS graded MS-66. Nice golden toning on both sides. The satiny orange-gold surfaces reveal touches of vibrant gold frost in the hair and on a cheek that is nearly devoid of abrasions. Only a few light marks in the field limit the grade. The surface originality appears to extend complete around the circumference of both sides and all the way from the edge into the centers. Impressive in any condition, the 1834 Plain 4 version of William Kneass's beautiful design of 1834-38 is perhaps the single most popular 19th century gold half eagle issue. Pop 98; 32 in 67. (PCGS # 7854) .
Estimated Value $2,000 - 2,100.
The Mark Gordon Collection Ex: Benson Collection.
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$2,530 |
Lot 1219 |
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1903 $2.50 Liberty. PCGS graded MS-66. A satiny mint gem with a hint of natural golden hue. The dies left their rigid impression behind without the least weakness or imprecision, including the 13 needle-sharp stars encircling Liberty. Pop 222; 47 finer in 67 (PCGS # 7855) .
Estimated Value $2,000 - 2,100.
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$2,530 |
Lot 1220 |
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1905 and 1927. Both are Very Fine and have been lightly cleaned. Lot of 2 coins.
Estimated Value $220 - 240.
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| Realized
$352 |
Lot 1221 |
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1908 $2.50 Indian. PCGS graded MS-63. Lightly toned. Attractive golden frost from edge to edge (PCGS # 7939) .
Estimated Value $600 - 650.
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$978 |
Lot 1222 |
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1909 $2.50 Indian. NGC graded AU-55. Toned and lustrous (PCGS # 7940) .
Estimated Value $180 - 200.
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$219 |
Lot 1223 |
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1911-D $2.50 Indian. NGC graded AU-55. Nice bold mint-mark. Lightly toned. Popular key date to the series and affordable in this lustrous condition. The Denver Mint produced its first quarter eagles in 1911 (three years into the new Indian head design) with a limited delivery of 55,680 pieces. From both overall and condition standpoints, the 1911-D is the scarcest issue in this 15-piece 20th century gold series. In a new NGC 4 pronged holder (PCGS # 7943) .
Estimated Value $3,200 - 3,400.
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$4,025 |
Lot 1224 |
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1911-D $2½ Indian. NCS graded Details of AU-50. Improperly cleaned but still displaying full sharpness in the date and key "D" mintmark, which is clear as a bell. There are one or two light scuffs on the eagle's leg and Indian's portrait, but detail aplenty on both sides from a sharp strike by the dies. This is the most important date in the series, which ran from 1908 to 1929.
Estimated Value $2,800 - 3,000.
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| Realized
$2,760 |
Lot 1225 |
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1913 $2.50 Indian. NGC graded AU-55. Toned, this one too has plenty of mint frost residing in the fields (PCGS # 7945) .
Estimated Value $180 - 200.
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$207 |
Lot 1226 |
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1913 $2.50 Indian. NGC graded AU-55 (PCGS # 7945) .
Estimated Value $180 - 200.
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$219 |
Lot 1227 |
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1914-D $2.50 Indian. ICG graded MS-61. Flattering mint frost that pulsates with yellow-gold color. Denver Mint struck this denomination in 1911, 1914, and 1925.
Estimated Value $200 - 220.
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| Realized
$288 |
Lot 1228 |
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1915 $2.50 Indian. NGC graded AU-55. Toned. Sharp feather detail on the war bonnet (PCGS # 7948) .
Estimated Value $180 - 200.
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$224 |
Lot 1229 |
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1926 $2.50 Indian. PCGS graded MS-64. Nice golden toning. Sleek, satin luster throughout whose choiceness is always appreciated on Indian quarter eagles (PCGS # 7950) .
Estimated Value $825 - 875.
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$1,236 |
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