Lot 4560
1850-D $2.50 Liberty. NGC graded MS-61. Nice golden toning. Only 12,148 struck. NGC holder 294920-003. The reverse die was used to strike all Dahlonega quarter eagles produced from 1850 through the end of the denomination in 1859. This is one of the more available Dahlonega quarter eagle from the 1850s with perhaps 125-150 pieces known. Mint States are necessarily extremely rare due to the distance in time from when it was current. On the obverse, there is minor weakness above the ear, while the reverse displays a dash of soft detail on the eagle's legs. Both sides include some minor weakness on the denticles, as typically found on this date. A number of shallow ticks can be seen in the obverse fields, but the reverse is cleaner and approaches Choice condition. It does not appear that this coin has ever been cleaned nor does it have any of the mint-made defects often found on 1850-D quarter eagles. Frosty luster expresses itself boldly on both sides, but is obscured by the saturated toning on the obverse. (Most 1850-D quarter eagles have poor luster.) To sum things up, the coin is nicely struck coin with acceptable luster and surfaces. Originally purchased from Robert L. Hughes, no prior pedigree information is available. This is the plate coin in the second edition of Doug Winter's book and is listed in the current Condition Census as tied with a small number of other coins as the third finest known.Pop 14; 2 finer, 1 in 62, 1 in 63 (PCGS # 7757) .
Estimated Value $15,000 - 17,000.
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