1839 $2 1/2 CLASSIC HEAD GOLD QUARTER EAGLE, PCGS AU53, HM-1, R4

Description: 1839 $2 1/2 Classic Head Gold Quarter EaglePCGS graded AU53 PCGS/NGC graded population 230, including resubmissionsMintage 27,021 As stated by Daryl Haynor in his book "United States Classic Gold Coins of 1834-1839", "The 1839 is by far the rarest Philadelphia Classic Gold quarter eagle, neck and neck with the 1838-C for overall supremacy. Variety HM-1, R-4. The 8 and 9 in the date are noticeably re-punched. This coin does not show any clash marks which may indicate an early strike. Garret and Guth, in their "Encyclopedia Of U.S. Gold Coins 1795-1933" suggest, "The 1839 quarter eagle is the sleeper rarity of the series. Although the mintage of this date is more than three times as high as that of the 1838-C issue, there have been fewer 1839 examples graded than any of other date... the raw numbers are an indication that this date is much rarer than is generally perceived." David Aker's Auction Analysis of Quarter Eagles (1975) also maintains the rarity by stating, "This is certainly one of the most underrated quarter eagles of this type. The auction records clearly indicate that the 1839/8 is nearly as rare as the lower mintage 1838-C or 1839/8-D." His average grade for the date is VF-37. The rarity of the 1839 Philadelphia coin is also borne out by the "Estimated Survival In All Grades" listed on the PCGS CoinFacts webpage,1839 - 1151839-C - 2501839-D - 2001839-O - 400 Aside: I highly recommend Haynor's book "United States Classic Gold Coins of 1834-1839" to anyone collecting Classic Head Quarter and Half Eagles. It has significantly more detailed photos and information missing in previous published documents. Excellent resource. Will ship via USPS Priority Mail Express, signature required.

Price: 4995 USD

Location: Albuquerque, New Mexico

End Time: 2024-11-19T17:46:37.000Z

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