Lot 1486
1846-C $2.50 Liberty. NGC graded AU-58. Mostly untoned with lustre still evident. Struck from rusted dies, as cited in the literature (e.g., Douglas Winter, Charlotte Mint Gold Coins, p. 58) there is an area of roughness around the date and many of the stars. Another truly memorable early quarter eagle from this branch mint. A survey of specialized collections of Charlotte Mint coins will reveal that the typically encountered grade is Very Fine or Extremely Fine. In this instance, the coin consigned to us is an exception on the high side. It deserves close attention. Only 4,808 pieces struck. Pop 10; 5 finer, 1 in 60, 1 in 61, 2 in 62, and 1 in 63 (PCGS # 7741) .
Die diagnostics: On the obverse the rust is particularly prominent in the area from star 1 across the date to star 13. On the reverse the rust is lighter, and is seen in the denomination as well as below the eagle's wing to the left.
Estimated Value $9,000 - 10,000.
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