Goldberg Coins and Collectibles

Sale 47

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Lot 4400

1855-D $2.50 Liberty. . Ex Green Pond Specimen. PCGS graded MS-60. PCGS holder 21026492. Nicely toned. 1,123 minted. Offered in a 2004 Heritage sale of the Green Pond C and D Mint gold, the 1855-D quarter eagle is believed to be the second rarest coin ever produced at the Dahlonega mint, "narrowly trailing the 1856-D" in the words of the previous cataloger. "A strong case can be made for calling the 1855-D the rarer of the two in high grades as a higher percentage of 1856-D's are seen in AU50 to MS60 grades. Approximately 45-55 of the 1855-D quarter eagles are known with around 10-12 in About Uncirculated and one or two in Uncirculated. NGC has graded a single coin in MS61 with no other Uncirculated pieces, while PCGS has graded two: the Green Pond specimen, and an MS60 in the Duke's Creek collection."

This is a particularly pleasing example where most of the central detail is carefully made, perhaps only the eagle being weak in its lower body. The reverse weakness is diagnostic for the issue. There is some minor "roughness" which may be described as the result of the coin having been exposed to some sort of element in the soil. "There are some hidden but deep digs on the reverse including at least three or four on the eagle, plus others located on the first S in STATES and on the E in AMERICA." Due to the surface condition, it is a little difficult to gauge how much luster remains; however few 1855-D quarter eagles have even this amount of mint bloom. A specialist's dream come true when viewed in the light of the Condition Census rankings: Pop 2; none finer at PCGS. (PCGS # 7776) .
Estimated Value $38,000 - 40,000.
Ohringer Family Trust Holdings.

Realized $43,700

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