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1848 $2.5 AU50 OGH PCGS CAC

1848 $2.5 AU50 OGH PCGS CAC

PCGS

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Superb rarity in the quarter eagle series. From a mintage of only 7,497 one of the lowest, only 100 are known in all grades. Of these 100 only 8 are CAC approved in all grades. This pop 1 au50 cac example is not only one of the most attractive with deep russet crimson over green gold, but this 1848 also barely has any wear and certainly much less than an au50. No au50 cac comp exists, but a less attractive au53 pcgs cac with more wear sold for $5,760 08/19 SB whilst a au55 gold cac recently sold for $7,140 12/19 HA. No doubt this present au50 ogh cac is superior to the au53 cac $5,760 but less than the $7,140. The only reason such a rare date is not a mega 5 or 6 figure rarity is because it is overshadowed by the 1848 CAL $2.5 ironically of which 167 are known today! A au53 cac 1848 CAL would sell for $60,000.
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