1850 Liberty Head Quarter Eagle. MS-63+ (NGC).
Soft satin luster mingles with dominant medium orange-gold color, both sides with a few enhancing blushes of slightly deeper olive tinting in the fields. The strike is bold to sharp throughout the design, and uncommonly so for an 1850s Liberty Head quarter eagle. With the discovery of gold in quantity in California the previous year, enough bullion began reaching the Philadelphia Mint for a generous mintage of 252,923 quarter eagles in 1850. This total set the record for the denomination up to that point in time, although it was soon dwarfed by the delivery of 1,372,748 pieces in 1851 as the Gold Rush continued. The 1850 is typically offered in VF, EF and AU grades. Few examples were spared circulation, and the issue is scarce to rare at all levels of Mint State preservation.
PCGS# 7755. NGC ID: 25HG.
NGC Census: 1; 8 finer (all MS-64).

Estimate: $3000