Lot 2763
1839-C $2.50 Classic Head. NGC graded AU-58. Untoned with sharp details. Some minor handling marks on both sides. Mintmark on obverse above the date. Light yellow gold luster still evident in the protected areas. Very pretty, and with indications of careful handling and preservation over the years. Probably the net result of loving ownership by its former admirers. Sharply struck with a wealth of detail, this scarce issue has extraordinary importance as the first quarter eagle from the newly opened Charlotte Mint. Pop 79; 17 finer (PCGS # 7699) .
Three die varieties are described below, this example being variety B. Rather than being an overdate, this is better described as a repunched date, in our opinion.
Identification of three die varieties:
A: Mintmark over left half of digit 3. Tip of branch stem over right upright of D. Usually cracked, neck to right wing.
B: Mintmark over left half of digit 3. Tip of branch stem over left edge of D. Usually cracked through E of STATES.
C: Mintmark over space between 83. Usually cracked, left shield tip to beak.
Estimated Value $7,000 - 8,000.
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| Realized $8,913 |
