Lot 666
1839-C $2.50 Classic Head. PCGS graded AU-55. An extremely rare coin in high grade, only a handful are known in the lower ranges of Mint State, making this choice AU coin a collectors dream. The surfaces show moderate handling marks, as always encountered on "C" Mint gold, but the devices show nearly complete design elements, even the upper curls on Liberty. Luster adheres near the stars and devices. This coin is well struck by the dies, but they reverse must have been lapped down, as the leaves show little evidence of their stems, and the arrows are joined to CA of AMERICA. This would appear to make this the second die used in 1839 (also used in 1838 at Charlotte), but the same die crack mentioned in Breen as the first reverse is present on this coin, down though the E of STATES. Whatever the case, this is a rare coin which is seldom encountered in high grade. PCGS has only graded 10 this high, with 8 graded higher.
Estimated Value $5,000 - 6,000.
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| Realized $5,060 |
