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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5804

Starting price: 1 USD
Price realized: 24 000 USD
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Classic Quarter Eagles
1839-O $2 1/2 MS63 NGC. CAC. Breen-6152, Variety 27, R.3. Neither fish nor fowl, the Classic Head coinage of the late 1830s occupies a middle ground between the perceived-rare Capped Head gold designs that precede it and the perceived-common Liberty Head pieces that follow. These short-lived designs provide fertile ground for new collecting challenges in underrated series.
The Low Date, Close Fraction 1839-O quarter eagles are somewhat scarcer than their High Date, Wide Fraction counterparts (which are nonetheless scarce). This example, as some others of the Low Date, Close Fraction variety, is struck in medal turn rather than coin turn. Deep reddish-gold surfaces are well-struck overall but missing the high-point details on the upper hair curls of Liberty. The surfaces are lightly abraded, consistent with the Select grade. MS64 is as good as it gets for this Obverse Mintmark issue. Census: 11 in 63, 7 finer. CAC: 2 in 63, 3 finer (10/16).
Ex: November Auction (Heritage, 11/2011), lot 4169.
From The Fenn Family Collection, Part III.
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