Lot 2140
1846-C $2.50 Liberty. NGC graded MS-62. NGC holder 1293449-024. Mostly well struck. Fully lustrous. Greenish-golden color. High within condition census. From the Ashland City sale description: "Winter 7-F. The 1846-C is a very scarce coin in any grade with only 4,808 pieces struck, and high grade examples are especially difficult. Once again (as in 1844), the fire that closed down the Charlotte mint for a year and a half is responsible for the dearth of collectible examples of this issue. It is also presumably responsible for the extensive die rust seen on each side of all surviving 1846-C Quarter Eagles. After the fire in July 1844, the dies lay around unused and rust accumulated on their surfaces, which of course transferred to each of the coins of this issue. We mention this so no one confuses it with post-striking damage or surface irregularities that could be avoided by shopping around for another 1846-C. Only 4-5 pieces are believed known in Mint State and this coin is tied with several others as fourth finest known on the Condition Census. The striking details are not complete but better than one might imagine given the state of the dies used. The surfaces are bright overall with lighter green-gold color that shows an attractive intermingling of orange. Distinguished by a shallow scratch above star 12, which should be helpful for pedigree purposes." Pop 2; 1 finer in 63. (PCGS # 7741) .
Estimated Value $15,000 - 16,000.
Ex Ashland City.
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