1848 Quarter Eagle PCGS AU50 CAC. 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 coin.
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.
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