Liberty Quarter Eagles
1846-O $2 1/2 MS63 NGC. Variety 3, scarce, showing the mintmark well-centered between the claw and the fraction bar. The 1846-O quarter eagle is scarce in all grades, with Doug Winter estimating a surviving population of only 150 to 175 pieces. Uncirculated coins are rare and primarily clustered in MS61 and MS62. Finer examples are major rarities. We have previously handled only a single MS63 coin: a PCGS example in the FUN Signature sale (Heritage, 1/2004), lot 2157, which realized $17,250. More recently, an MS64 NGC coin garnered $23,000 in the Pittsburgh Signature sale (Heritage, 10/2011), lot 4661. A high-end example of this elusive New Orleans issue has not been offered since in our auctions.
This Select NGC coin displays satiny yellow-gold luster with light chatter that defines the grade. As usual for the issue, this piece has moderate strike weakness on the hair curls around Liberty's face, as well as the on the central shield and the eagle's legs. Nonetheless, the rarity and importance of this piece is rivaled by precious few coins. Census: 3 in 63, 2 finer (11/16).
From The Soluna Collection.