Lot 1767
1842-D $2.50 Liberty. NGC graded AU-50. A nicely preserved light golden color specimen with faint orange zephyr-like wisps of toning and luster on both sides. Nicely struck for the date, an early D-mint rarity, certainly much finer than the few seen for sale in recent decades. Only 4,643 pieces were struck, with fewer than 100 examples known today. This date is most often seen in the Very Fine or Extremely Fine grade range, and it is unlikely that more than a dozen or so exist in AU.
As we've pointed out, the strike is far above average for the issue and may be considered among the best on any 1842-D. The obverse is almost completely struck up; the reverse has average central details, which is very better for an issue that is generally seen with a sunken, incomplete appearance. A key opportunity that the gold specialist should not neglect.
Estimated Value $8,000 - 9,000.
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