Lot 4547
1839-C $2.50 Classic Head. NGC graded MS-61. Frosty and untoned. NGC holder 1293449-018. This handsome Mint State '39-C quarter eagle appeared a few years ago in a Heritage Florida sale (January 2003) where it was described thusly "Extensive die cracks are seen on each side, indicating this is probably the terminal state for this die. The surfaces are bright and satiny with just a hint of semi-reflectiveness in the fields, a result of die striations that can be seen with magnification. Sharply defined in the centers, the peripheral stars are also better defined than usual. Numerous light abrasions are scattered over each side and account for the grade, but the light green-gold color of the coin shows little of the reddish patina so often encountered." The coin, as the photos plainly show, has the weight of history behind it and numismatic virtues supporting it that seem endless. It should prove an enjoyable addition to any specialist's coin collection! Pop 9; 3 finer; 2 in 62; 1 in 63. Pop 9; 3 finer, 2 in 62, 1 in 63 (PCGS # 7699) .
The story of the Charlotte, North Carolina Mint begins with the discovery of gold in that part of the country. As the area grew in both wealth and prestige, there was soon agitation on the part of North Carolina's congressional delegation to establish a branch of the United States Mint at Charlotte, the seat of Mecklenburg County. Though not specifically stated, it was expected that such a mint would put the Bechtlers out of business. Legislation creating the Charlotte branch of the U. S. Mint was signed into law by President Andrew Jackson on March 3, 1835. Coinage at the new mint was limited to gold, since that metal provided the sole reason for its creation. Production of coins did not begin until 1838 (half eagles) and 1839 (quarter eagles). The mint was closed at the outbreak of the War of the Rebellion (1861-65).
Estimated Value $27,000 - 29,000.
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