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Lot 3201

1842-D $2.50 Liberty. NGC graded AU-50. Untoned example with light semi-granular texture to the surface, possibly the condition of the die imparted this to the struck coin. Low mintage of 4,643. A rarity among Dahlonega Mint Quarter Eagles, which is an open and shut case since most D-mint gold is elusive in the extreme! The 1842-D was produced in much lower numbers than others around it. Possibly fewer than a hundred coins exit in all grades. According to Douglas Winter's book on the series, the '42-D ranks fifth in overall rarity. That said, in AU58, the coin ranks high in the Condition Census. Like other 1842-D specimens, this coin has a die-caused depression on Liberty's portrait on the cheek and upper neck. Pop 4; 23 finer at NGC. (PCGS # 7725) .
Estimated Value $7,000 - 7,500.

 
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