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1858-C Liberty $2 1/2 PCGS MS62 Only 9,056 Struck. Only 8 Coins Graded Higher.

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1858-C LIBERTY $2 1/2 PCGS MS62 ONLY 9,056 STRUCK. ONLY 8 COINS GRADED HIGHER.

Produced to the extent of just 9,056 pieces, the 1858-C probably saw particularly heavy circulation throughout the South because the Charlotte Mint failed to strike any Quarter Eagles in 1859. Indeed, most survivors grade no finer than EF, and high-grade (AU and Mint State) examples are rarer than those of the 1839-C and 1847-C deliveries. One of the longest-lived of all U.S. coins series, the Liberty Quarter Eagle was produced in only one major type from 1840-1907. Whereas the Liberty Half Eagle, Eagle and Double Eagle were guaranteed at least one significant design change with the addition of the motto IN GOD WE TRUST in 1866, the Quarter Eagle was deemed too small to accomodate this wording. There is, however, an important hub change in this series, and this came in 1859 when Chief Engraver Engraver James Barton Longacre modified the reverse by reducing the size of the arrowheads, as well as increasing the space between them. While this Type II design made its debut on P-mint coins that year, the San Francisco Mint continued to use leftover reverse from the 1854-1857 era through 1876.. Key-date issues in this popular gold series. In addition to many absolute and/or conditon rarities from the Southern branch mints in Charlotte and Dahlonega, particularly desirable Liberty Two-and-a-Halves include the 1841, 1848 CAL., 1854-S, 1864, 1865 and 1875. The Quarter Eagle is the last of the three originally authorized gold denominations struck in the United States Mint, and the initial examples were not delivered until 1796. (The first Half Eagles and Eagles were coined the preceding year). Much like the silver Quarter, the Quarter Eagle was not very popular with bullion depositors during the early decades of Philadelphia Mint operations. Yearly mintages remained both limited and erratic through early 1834. Beginning in the latter portion of that year, however, production of this denomination increased PCGS Certified substantially to levels that would remain more-or-less standard through the denomination's end in 1929. The Quarter Eagle exists in eight major types, some of which were produced in only a single year: Capped Bust Right, No Stars (1796 only); Capped Bust Right, Stars (1796-1807); Capped Bust Left (1808 only); Capped Head Left, Large Diameter (1821-1827); Capped Head Left, Reduced Diameter (1829-1834); Classic (1834-1839); Liberty (1840-1907); and Indian (1908-1929).

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