SOLD – $2.50 – 1843-O Large Date PCGS MS62 CAC

1843O_250_lgdt_P62_CAC.jpg
1843O_250_lgdt_P62_CAC.jpg
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SOLD – $2.50 – 1843-O Large Date PCGS MS62 CAC

16,750.00

Serial Number 7732.62/25053214

PCGS Lookup Number 7732

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Large Date variety.

1843-O quarter eagles are known with a Small Date and Large Date variety. The former is very common while the latter is scarce. The 1843-O is, in fact, the second rarest New Orleans quarter eagle in terms of overall rarity (after the 1845-O) and the third rarest in Uncirculated (after the 1845-O and the 1856-O). There are fewer than ten 1843-O Large Date quarter eagles known in Uncirculated. The single finest graded is an NGC MS64; the best I have seen are one of two coins graded MS63.

This fresh-to-the-market coin was just graded by PCGS and it becomes just the fourth in MS62 with none finer. It is extremely frosty with thick, creamy luster as is characteristic of this variety. Both sides show nice medium yellow-gold color with some slight reddish-orange flashes in the fields; these become more intense as the coin is tilted towards a light source. There are a few scrapes in the left obverse field that limit the grade but this piece is very solid for an MS62 and oustanding quality for the issue. It is solidly within the Condition Census for the issue.

The last PCGS MS62 example of the 1843-O Large Date quarter eagle to sell at auction was Bass II: 358, all the way back in October 1999, which sold for $12,075. An NGC MS63 coin brought $15,525 in the Stack’s 8/07 auction and, in y opinion, it was not as nice as the currently offered example.

If you specialize in New Orleans quarter eagles or if you collect condition rarity Liberty Head gold, you will realize the importance of this offering.

CAC has approved two in this grade with one finer (MS63).

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