1843 $2.50 NGC MS62 CAC

The 1843 is an enigmatic date in the early Liberty Head quarter eagle series. It has a high mintage figure of 100,546 but it is comparable in rarity to dates such as the 1846 and 1847 which were struck in much lower quantities. The 1843 is a very scarce issue in Uncirculated but, like so many of the quarter eagles from the 1840's, it is undervalued. This butter-yellow example is fully struck and shows nice luster. There is an area of friction in the left obverse field that limits the grade but the overall appearance is very nice for an MS62. The last NGC MS62 example to sell at auction was Heritage 2/11: 4331 that brought $3,594; the present example is clearly superior in my opinion.