1839 $2.50 HM-1 MS(PCGS#764793)

1839 $2.50 HM-1 MS (PCGS#764793)

August 2023 Global Showcase Auction U.S. Coins

Lot Description: 1839 Classic Head Quarter Eagle. HM-1, the only known dies. Rarity-4. AU-55 (NGC). This Choice About Uncirculated example is a very attractive representative of the date. Lovely greenish-gold surfaces are accented with splashes of peach-apricot color and retain pleasing mint luster in the protected areas. Abrasions are few and virtually imperceptible. The coin displays a sharp strike with no mentionable distractions whatsoever. As the final year of the Classic Head quarter eagle, conventional wisdom would expect many pieces to be numismatically preserved, but apparently that is not the case with this Philadelphia Mint issue. The Philadelphia mintage of 27,021 pieces shows surprisingly few grading events today. PCGS# 764793. NGC ID: E2MR. Click herefor certification details from NGC.