Lot 917
1843-C $2.50 Liberty. Small date, crosslet 4. SEGS graded MS-63. Bold and needle sharp from slightly buckeled dies and very lustrous. Golden orange and definitely a full mint state coin. Initially in 1843, according to Breen, the Charlotte Mint struck small date coins, only 2,988 were delivered in April of that year. Then the large date dies were delivered to Charlotte and coinage began again. The large date pieces were delivered from June 30 through December 30. The larger coinage of 23,076 were struck put into circulation. Only a few of the Small Date pieces have been graded as Mint State, and this is clearly a pleasing one. A foremost opportunity for the advanced numismatist.
Alternately, according to the Harry Bass auction sale of a similar 1843-C small date quarter eagle, the 23,076 pieces attributed by Breen as the Large Date might have included some Small Date varieties as well.
"If Walter Breen's figures are correct, 2,988 Small Date and 23,076 Large Date, then, all things being equal, Small Date pieces should be about eight times rarer today. However, such does not seem to be the case. Douglas Winter gives an estimate of 45 to 50 pieces known totally for the Small Date and 75 to 80 known totally for the Large Date; in other words, the Large Date is not even twice as rare, let alone eight times as rare."
Estimated Value $20,000 - 25,000.
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