1847 $2.50 NGC MS63 CAC

One of the things that I like about Philadelphia quarter eagles is that you can still buy important Condition Census coins for less than $10,000. Take this 1847 for example. As a date, the 1847 is quite undervalued and it is actually scarcer in terms of overall rarity and high grade rarity than its heralded branch mint counterparts. There are likely no more than ten Uncirculated 1847 quarter eagles known of which only one, a PCGS MS64 that I sold to the owner of the greatest collection of Liberty quarter eagles ever formed, a few years ago. This particular example is bright and very lustrous with a vibrancy that is not often seen on quarter eagles of this era. The surfaces show some scattered abrasions from handling with none of these worthy of specific mention. Some 1847 quarter eagles are weakly struck on the eagle's legs but this one has full feathers. No MS63 examples of this date have ever been sold at auction. A coin with great upside potential.