1839-O $2.50 MS(PCGS#7701)

1839-O $2.50 MS (PCGS#7701)

The Regency Auction 35

Losbeschreibung: This is a very pleasing, lightly circulated example of this important issue. The 1839-O quarter eagle is the only Classic Head issue struck in New Orleans and was the only date that the "O" mint mark was put on the obverse of the coin. Well struck and nicely preserved, despite light wear, the olive-gold patina graces both sides. Well struck devices retain bold definition and the surfaces are generally very clean, and free of any serious problems. This is the High Date/Wide Fraction variety and the reverse shows a rather dramatic die break from the rim through the olive branch. The eye appeal is very cool! PCGS 20, NGC 43, CAC 4. This is the only CAC approved example to ever sell in auction, realizing $5,288 in November 2014. The current Collectors Universe value is listed at $5,500 and the CDN CAC Bid/Ask is $5,000/$6,250. This is a great coin for anyone working on a set of New Orleans mint gold, Classic quarter eagles, or type. We expect strong bidding here. Good luck! Cert. Number 3841756-010 PCGS # 7701.00