25C - 1844 PCGS MS64+ CAC

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25C - 1844 PCGS MS64+ CAC

3,750.00

Date    1844
Grade    PCGS MS64+ CAC
PCGS Price Guide    5250
Population (PCGS)    7/2 (only two in 64+)
Population (NGC)      5/3
Population (CAC)       5/2
Serial Number    5406.64+/25796337
PCGS Lookup Number    5406

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RARE BORDERLINE GEM 1844 QUARTER WITH CAC APPROVAL

As with many of the Philadelphia No Motto quarters from this decade, the 1844 is plentiful in lower grades but due to heavy commercial use and extensive melting, examples are very rare in Gem.

This is an extremely well-defined example which is unadulterated and in possession of rich satiny mint frost beneath splashes of multi-colored pastels on the obverse and a more even champagne-gold on the reverse.

The other known CAC approved PCGS MS64+ quarter realized $4,725 as Heritage 2015 ANA: 3738. Only two have been graded finer than this by PCGS (both MS65) and the last sale for a PCGS MS65 was $15,275 in June 2014.

It is my opinion that No Motto quarters and half dollars from the 1840's are among the most undervalued areas in American numismatics.

CAC has approved five in MS64 (including two in MS64+) with just two finer (both MS65).

Ex Legend 7/17: 167 ($3,878), earlier sold as Lot 15374 in Heritage's 4/17 auction where it realized $3,055.