Quarter Eagle NGC AU58. The 1851-O is one of the more
easily collectible quarter eagles from the New Orleans
Mint. 141,000 pieces were struck during the year, of which
an approximate 200-250 remain in all grades. Most of these
pieces however, survive only after having spent considerable
time in circulation, making upper AU coins very scarce.
Most of these coins were struck from freshly deposited
gold coming from the California gold mines. As a result,
mintages of gold coins drastically increased, making
most issues of the 1850’s scarce at most.
The present coin is an early die state of the common
variety of the year, showing strong repunching on the
digits of the date. Although the center of the reverse
is slightly weak, common with New Orleans quarter eagles
only some very small luster breaks keep this coin out
of a mint-state holder. Excellent original toning consisting
of a darker yellow-green color, this coin is completely
original. Other This coin is a very nice example in
very choice about uncirculated condition of a date that
generally saw considerable commerce and trade.