SOLD--$2.50 - 1848 PCGS AU53 CAC
SOLD--$2.50 - 1848 PCGS AU53 CAC
Date…….1848
Grade…….PCGS AU53 CAC
PCGS Price Guide.…………4500
CDN Greysheet/CPG.….…3750
Population (PCGS).….……..10/31
Population (NGC)….…..……2/39
Population (CAC)..…...….….3/8
Serial Number……7748.53/37621025
PCGS Lookup Number.…….7748
SCARCE PCGS/CAC AU53 “CAL-FREE” 1848
As I have written before, the 1848 is an under-appreciated issue (as are many of the P mint quarter eagles made in the 1840s) which is lost in the shadows of its famed counterpart, the 1848 CAL. The Cal-free variety is quite scarce in the low to mid-AU grades and very rare in full Mint State.
This is among the best circulated 1848-P quarter eagles I can recall handling. It has choice, even green-gold color, a sharp strike and extremely nice, totally unadulterated surfaces. I could easily see this coin in an AU55 holder.
Ex: Stack’s Bowers 2019 ANA: 2041 where it sold for $5,760
CAC has approved three in this grade with eight finer.
