Lot 2122
1839-O $2.50 Classic Head. NGC graded MS-64 PQ. In NGC holder 1972487-004. Needle-sharp with intense frosty mint luster.Premium quality for the grade. An extremely rare coin in this grade, and certainly one of the very finest known 1839-O quarter eagles. A scant 17,781 pieces were struck in New Orleans during 1839, all bearing the obverse Mintmark above the date. This particular one was saved in very choice Mint State condition, premium quality condition, to emphasize the fact -- and somehow came down through the decades and generations virtually undiminished from the day it was coined. Note the satiny luster on both sides, which the photographs pick up grandly. Notice also the splendid surfaces that show virtually no significant signs of handling. There are numerous die cracks on the reverse, suggesting that this die was on the verge of complete failure. And yet the design is super crisp, without any signs of weakness. As to rarity, this one is tied for the finest graded with only a few others, with neither service having graded any higher. An exceptional opportunity for the astute numismatist. Pop 5; none better. (PCGS # 7701) .
Estimated Value $30,000 - 33,000.
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| Realized $41,400 |
