RARE CHOICE EF 1842-D QUARTER EAGLE WITH CAC APPROVAL

Variety 3-F; late die state with no noticeable doubling on the 18 in the date.

The 1842-D is one of the three rare Dahlonega quarter eagles from the 1840s, along with the 1840-D and the 1841-D. There are fewer than 100 1842-D quarter eagles known from a mintage of only 4,693 and this date is not often seen above EF45 to AU50. With natural color and choice surfaces, the 1842-D is very rare.

This deep yellow-gold and greenish example is quite well detailed for the grade and the obverse makes strong claims to a full AU50 (or slightly finer) grade. The surfaces appear to be clean and free of significant marks and the strike is better than average with no major weakness at the centers.

The only other 1842-D quarter eagle in PCGS EF45 with CAC approval sold for $5,520 as Goldberg 2/12: 1171. A non-CAC example graded EF45 by NGC realized $5,581 as Heritage 3/14: 10544. I sold a nice PCGS EF45 with a CAC sticker, ex RYK collection, for $5,750 in 2014.

This date is almost never seen in collector grades, especially with enough originality to earn a sticker from the Grading Gurus at CAC.

CAC has approved two in this grade with five finer.