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Lot 3211

Image Information

Type Coin
Title Lot 3211
Date 1842
Side obverse
Grade 40
Service NGC
Service Catalog # 7723
Denomination $2 1/2
Description 1842 $2 1/2 XF40 NGC. Ex: "Col." E.H.R. Green. All quarter eagle issues from the 1840s are scarce to rare, by modern standards, but the 1842 issue is a monumental rarity from a tiny mintage of 2,823 coins. The Philadelphia Mint struck the fewest number of quarter eagles for all four mints: even Dahlonega's output exceeded Philadelphia's by more than 1,800 pieces. Only 50 to 60 examples are estimated to survive, and a total of 55 examples are certified by the two major services. This antique-gold example is surprisingly well detailed for the grade, and only the reverse dentils display partial strike weakness. An apparent planchet flaw rests on Liberty's jaw area, and is a minor distraction. Other than a vertical abrasion in the right reverse field, the remaining surfaces are generally smooth and blemish-free. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $40.00; Eric P. Newman Numismatic Education Society. Realized $3818.75. Description courtesy of Heritage Auctions.

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