SOLD - $2.50 - 1842-C PCGS AU55+ CAC
SOLD - $2.50 - 1842-C PCGS AU55+ CAC
Date…….1842-C
Grade…….PCGS AU55+ CAC
PCGS Price Guide.…………15000 (in +)
CDN Greysheet/CPG.….…13200
Population (PCGS).….……..5/7 (1 in +)
Population (NGC)….…..……9/12 (0 in +)
Population (CAC)..…...….….1/5
Serial Number……7724.55+34152506
PCGS Lookup Number.…….7725
VERY RARE 1842-C $2.50 GRADED AU55+ BY PCGS AND APPROVED BY CAC
There are few Charlotte quarter eagles which are as rare in choice AU and higher grades than the 1842-C. I doubt if there are more than a half dozen really nice AU coins known as well as two Uncirculateds: a PCGS MS62 and an amazing PCGS/CAC MS65.
This is one of the two or three best circulated 1842-C quarter eagles which I am aware of. It is far better struck than normal for the date with the centers showing much more detail than normal. The surfaces are immaculate with just a few tiny marks seen while the color features rich fiery reddish and orange-gold hues which are very attractive. If just a touch more luster were present, this coin would be a slam dunk AU58 and it is far nicer than your “typical” AU55 Charlotte quarter eagle.
This is the sole PCGS/CAC AU5 or 55+ to have sold at auction; see below for the pedigree. In October 2018, a PCGS/CAC AU58+sold very reasonably for $15,600, while a PCGS/CAC AU58 brought $20,400 as Heritage 7/2021: 3073.
This is a highlight of the Star City Collection, and it is unlikely that a nicer 1842-C will become available in the next few years.
Ex Heritage 9/2018: 3171 where it brought $11,400.
CAC has approved this one coin in AU55 or AU55+ with five finer.
