SOLD – $2.50 – 1840-C PCGS AU53

1840C_250_P53_CAC.jpg
1840C_250_P53_CAC.jpg
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SOLD – $2.50 – 1840-C PCGS AU53

4,750.00

Serial Number 7718.53/2831945

PCGS Lookup Number 7718

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The 1840-C is numismatically significant as it is the first Liberty Head quarter eagle from this mint. It is less rare than the 1840-D and this is understandable given its larger mintage of 12,822. As with all of the early date quarter eagles from Charlotte, the 1840-C is not often seen in AU53 and higher and even less frequently with choice surfaces and natural color.

This is a very choice coin for the grade and it housed in an older pre-barcode holder. It is well struck and lustrous with deep green-gold color accentuated by splashes of natural orange-gold on both sides. There are a few inconsequential marks on the jaw of Liberty and a light, shallow scrape on the reverse below OF. The eye appeal is excellent and I have seen inferior examples of this date in AU55 holders.

Stacks Bowers 5/13: 2385, graded AU53 by PCGS, brought $4,641 and it is the only CAC approved example of this date/grade to sell at auction. Heritage 12/11:4404, graded AU53 by NGC but not approved by CAC, sold for $4,600.

This is an outstanding example of this popular first-year-of-issue Charlotte quarter eagle.

CAC has approved four in this grade with just one finer (AU58).