1854-C $2.50 NGC AU55 CAC

The 1854-C is the first of three very difficult mid-1850's quarter eagles from this mint. Only 7,295 were struck and most of the 100-125 surviving examples are well-worn and lacking in eye appeal due to extensive abrasions and poor quality of strike. This is one of the nicer circulated 1854-C quarter eagles that I have seen in some time as it shows a good overall quality of strike, a majority of its natural frosty mint luster and very attractive fiery reddish-gold toning about much of the obverse and reverse periphery. This date is rare and quite expensive in Uncirculated, so for most collectors a Choice AU such as this is a smart choice for their Charlotte quarter eagle set. Very few AU55's have sold at auction in the last five years. The only two records, both for PCGS coins, were $6,613 in February 2012 (Goldberg) and $6,325 in January 2008 (Heritage).

CAC has approved two 1854-C quarter eagles in AU55 with one finer. A total of six in all grades have been approved.