SOLD – $2.50 – 1839-O PCGS MS62 CAC

1839O_250_P62_CAC.jpg
1839O_250_P62_CAC.jpg
sold out

SOLD – $2.50 – 1839-O PCGS MS62 CAC

24,000.00

Serial Number 7701.62/25668096

PCGS Lookup Number 7701

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CHOICE “STANDALONE” 1839-O QUARTER EAGLE, GRADED MS62 BY PCGS

Variety One: High Date with Wide Fraction

The 1839-O quarter eagle is a true standalone issue. It is a one-year type and it is the first year in which gold coins were struck at the fledgling New Orleans branch mint. While there are more than two dozen known in Uncirculated (mostly in the MS60 to MS61 range), nice examples do not often become available as they are held by long-term date or type collections.

This fresh-to-the-market piece has unusual hard satiny luster as opposed to the frosty texture seen on many 1839-O quarter eagles. This may be the single best struck 1839-O I have seen with uncommonly sharp hair and feathers as well as full radial lines in the stars. The surfaces are immaculate; clean enough to make you wonder why this coin wasn’t graded at least a point higher and the color is a pleasing natural yellowish-gold.

No PCGS MS62 has sold at auction since an example realized $19,550 in the 2006 ANA auction and no CAC approved MS62 from either service has offered been offered via public sale.

This is a very important coin for multiple groups of collectors and it is the highest graded 1839-O quarter eagle that I have offered for sale in close to three years.

CAC has approved two in this grade with five finer.