Lot 718
1849-O Liberty Seated Quarter Dollar. PCGS graded AU-58. An extremely rare coin in this grade, the mintage is unknown but obviously small as few are known. This one has lovely original toning on the obverse, with a lighter rose colors on the reverse. One can see abundant jeweler's rouge residue or some other gentle solvent, still clinging near the devices and this could be removed without damaging the coin. However, it is entombed in a slab, awaiting the next attempted upgrade and hopefully a careful removal of the jeweler's rouge.
Mintage was approximately 16,000 according to Dr. Breen, few of which remain in any decent grade. How this coin survived is a mystery, but here it is in all its glory. Nearly full luster in the fields, and identifiable by a tick mark below the eagles beak.
Any collector with the slightest idea of what taste is, will absolutely love this coin for the original color, extremely low mintage and without a telephone number grade. We are certain that this coin will be broken out, "improved" and resubmitted and will no doubt see it in a higher grade holder before the summer surfers hit the beach.
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| Realized $5,520 |
