1839-O $2.50 MS(PCGS#7701)

June 2022 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

2027

Grade

AU53

Price

4,320

Lot Description

1839-O Classic Head Quarter Eagle. HM-1, Winter-1. Rarity-3. High Date, Wide Fraction. AU-53 (NGC). Pale golden-wheat color with tinges of pale olive undertoning. Well struck overall; the very light wear allows plenty of sharp to full detail to remain. Frosty and lustrous for the grade, wispy hairlines are noted for accuracy, but there are no sizable marks. The 1839-O is a significant issue with tremendous appeal for advanced gold enthusiasts. It is the first New Orleans Mint quarter eagle, the only one of the Classic Head design type, and the only one that displays the O mintmark on the obverse. The mintage is just 17,781 pieces, although its first year status explains an above average rate of survival for a Southern gold issue from before the Civil War. Even so, the 1839-O is scarce in AU grades. PCGS# 7701. NGC ID: 25G7. Click here for certification details from NGC.