$2.50 - 1846-O PCGS MS62 CAC

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$2.50 - 1846-O PCGS MS62 CAC

13,500.00

Date…….1846-O
Grade…….PCGS MS62 CAC
PCGS Price Guide……...9500
Population (PCGS)…….4/3
Population (NGC)……...5/5
Population (CAC)……….2/3
Serial Number…….7743.62/82212594
PCGS Lookup Number…….7743

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VERY CHOICE CAC APPROVED PCGS MS62 1846-O $2.50

Variety 1. Struck from a strongly rotated reverse die.

The 1846-O is the rarest of the 1846-O through 1852-O issues. There are 10-15 known in Uncirculated with most in the MS60-62 range. Properly graded MS62 to MS63 pieces are quite rare and there is one Gem known, the famous Pittman II: 1754 coin which realized $132,000, which is still an auction record for a New Orleans quarter eagle.

This is by far the nicest MS62 1846-O quarter eagle I have seen and I think this coin would look totally fine in an MS63 holder. It is extremely frosty and exceptionally well struck for the date with nearly 100% definition noted at the centers. The color is a glowing natural yellow-gold which is extremely pleasing and this piece has a really “fresh” appearance unlike many of the nicer 1846-O quarter eagle offered for sale in recent years. A few small ticks in the left obverse field are barely noticeable.

Only two PCGS MS62 examples of this date have sold at auction since 2010 and this includes this exact coin.

This piece barely misses the tail end of the Condition Census for this issue but it is likely the single nicest available 1846-O quarter eagle.

Ex DLRC 8/18: 3381 where it sold for $12,500.

CAC has approved 2 in this grade with 3 finer.