One of the top sleeper coins in any series. The TOTAL
population from both NGC and PCGS of 1848 quarter eagles
are as follows. 112 -No Cal, 104- Cal. Yet the trends
price for a Cal in AU-50 is $50,000.00 (And they sell
for that) while trends on the No Cal are $1750.00. Does
something appear to be a mistake here? You bet.
Now check auction prices realized on the two varieties
of this date. Cals readily sell for these numbers Ladies
and Gentlemen. The present specimen is not only a moose
its a mistake in the holder. Graded only AU-50
in what is commonly referred to as an OGH (Old Green
Holder), this canary yellow rarity really is an AU-55
The nicest about uncirculated specimen were seen
in a couple of years in fact. We are undecided as to
whether we are going to crack it out and resubmit it
or bestow some genuine good deed on a lucky collector
somewhere and sell it in the holder its in. Get
ready though, just because everyone else was asleep
at the wheel at the Heritage Auction doesnt mean
we were. Heck, we bought it and will offer it for what
its worth and give someone a great deal to boot.
Call for price.