SOLD – $2.50 – 1840 PCGS AU53

1840_250_P53.jpg
1840_250_P53.jpg
sold out

SOLD – $2.50 – 1840 PCGS AU53

2,100.00

Serial Number 7717.53/30670321

PCGS Lookup Number 7717

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The 1840 is numismatically significant as the first year of issue for the Liberty Head quarter eagle; a design that would remain in circulation with only minor changes all the way until 1908. There are likely only 100 or so known but, curiously, a small group of nice Uncirculated coins was found around 1993-94; these are still offered from time to time. I feel that this date is extremely underrated and it is actually harder to find than the 1840-C or 1840-O quarter eagles.

This coin has the detail of an AU55 but it has been downgraded (rightfully so) by PCGS due to some scattered ticks in the fields. Still, this piece has good overall eye appeal and this date is almost never seen in popular collector grades.

Only one PCGS AU53 (this coin) has sold at auction since 9/06. For those of you who are a little math slow, that’s nearly eight and a half years!

Fantastic value at current levels.