1839-O $2.50 MS(PCGS#7701)

1839-O $2.50 MS (PCGS#7701)

August 2023 Global Showcase Auction U.S. Coins

Lot Description: Uncommonly Sharp and Well Preserved 1839-O Quarter Eagle 1839-O Classic Head Quarter Eagle. HM-1, Winter-1. Rarity-3. High Date, Wide Fraction. MS-61 (NGC). This vividly toned example is awash in a warm blend of reddish-honey and deep orange-gold. Frosty luster is full and lively, as befits the impressive Mint State grade from NGC. Sharply defined overall, a significant positive in an early date New Orleans Mint coin, this is certainly a premium quality example of a challenging issue. The 1839-O is a numismatically 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 the pre-Civil War era. Even so, the 1839-O is scarce in About Uncirculated with Mint State examples formidable rarities. This noteworthy example represents a significant bidding opportunity worthy of the utmost attention from advanced Southern gold enthusiasts. PCGS# 7701. NGC ID: 25G7. Click here for certification details from NGC.