Lot 644
Quarter Eagle. 1840-O. PCGS graded MS-61. Whoa, this is one of those dates that virtually never is found in Mint State. In fact, PCGS has only graded 2 coins this high, with none graded higher. The fields reflect a scattering of hairlines but retain full luster. As to the strike, it is the normal New Orleans bit o'mush at the centers, with softness noted on Liberty's upper curls and the eagle's neck feathers and leg. Mintages topped out at 33,580 for the year from New Orleans, of which virtually all entered circulation. It isn't likely that any big hoards will turn up later, there aren't treasure laden ships by the score just waiting to be found out in the ocean which might contain kegs of these New Orleans Quarter Eagles. Hence, this is likely one of the very Finest Known of the date, confirmed by PCGS exacting standards. A rare opportunity for the gold specialist.
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