Lot 914
1842-D. NGC graded AU-53. Only a few minor and scattered abrasions in the surface; the rims are without rim bumps or other problems, which is always noteworthy. A legendary rarity among Dahlonega Mint Quarter Eagles, the 1842-D was produced to the extent of just 4,643 pieces. With only 75-85 coins believed left mostly lower grades (per Winter, 2003), the 1842-D ranks fifth in rarity in this D-mint gold series. It is thus rarer in an absolute terms than the other Dahlonega Mint quarter eagles with the exception of the 1840-D, 1854-D, 1855-D, and 1856-D. In high grades (AU and Mint State), Doug Winter accounts for no more than 10 survivors, all of which he reports as AU. The major grading services confirm that the 1842-D is almost unobtainable in Mint State (see above), there being no coins graded finer than AU-58 at PCGS. Along with the 1856-D, the 1842-D is the second rarest Dahlonega Mint Quarter Eagle in high grades after the 1840-D. Pop 2; 5 in 55; 12 in 58; 2 in 61; 1 in 65. (PCGS # 7725) .
Estimated Value $9,000 - 10,000.
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