1839/8-D $2.50 NGC AU58 CAC
/Variety 1-B. This numismatically significant issue has the double honor of being the first quarter eagle made at this mint as well as being the only Dahlonega Classic Head issue of this denomination. The 1839-D is only around twelfth (of twenty) or so in regards to its overall and high grade scarcity but it is clearly one of the most popular issues of any denomination from this mint. This specific coin is very attractive with lovely deep, rich reddish-gold color which is more prominent on the obverse than on the reverse. This is a very late die state with numerous cracks on the reverse and this has weakned the detail at the reverse center. But there is little in the way of actual wear and this piece is very unsual in that it has never been cleaned, dipped or recolored like so many other third-party graded examples. In the last decade, there have been just five AU58 1839-D quarter eagles sold at auction. The last one of these was an NGC coin (Goldberg 9/10: 2764) that brought $13,800.
This is one of just two 1839-D quarter eagles that have been approved by CAC in this grade. Only one finer piece has been approved by CAC.