Lot 1356
1849-D $2.50 Liberty. NGC graded MS-60. Boldly struck in natural greenish color gold and untoned. Some scattered tiny marks about the extreme rims on the reverse. Only 10,945 struck. Highly lustrous. Very well struck on obverse and reverse, notable as such. A beautiful piece which at this level is a rarity. Douglas Winter, in his excellent Gold Coins of the Dahlonega Mint 1838-1861, seems to have forgotten the Fairfield coin in his enumeration, as he states that just a single Mint State piece is known to him. In the years since publication, more than a dozen have surfaced and been certified (with possible duplicates in the database).
Following several years when Dahlonega Mint production was elevated, the quantities for the 1849-D quarter eagle were more modest. Three die pairs were on hand in Dahlonega, but how many die varieties exist has not been researched. As a class, 1849-D $2.50 pieces are elusive in all grades.
Date logotype left and high, about twice as close to the neck truncation as to the dentils. Repunching at the first date digit is more noticeable under high magnification. Reverse mintmark high, with interior about half filled with a diagonal portion of the arrow feather. Pop 4; 10 finer with 3 in 61, 7 in 62 (PCGS # 7754) .
Estimated Value $10,000 - 11,000.
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| Realized $8,625 |
