Lot 1474
1840-C $2.50 Liberty. NGC graded MS-61. A nice bold strike with lovely light golden toning. The Classic Head of 1834-39 gave way to a new Christian Gobrecht quarter eagle motif in 1840, thus this 1840-C issue represents the first of a new Liberty design. Very few Mint State examples are traced of this important rarity. Most of them reside at the MS60 to 61 level. The present offering has a sharp central strike (including eagle), eye-catching luster and patina. It is only to be expected that such pieces are rare and feel intense pressure from Charlotte gold collectors. A minor planchet flake is visible on the second T of STATES as well as several others on the rim nearby. Aside from this, the surfaces are select, and represent a carefully made strike. Only 12,822 struck. Pop 5; 1 in 62, and 1 in 63 (PCGS # 7718) .
Estimated Value $10,000 - 11,000.
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