The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
Relative Rarity By Type
Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
Relative Rarity By Series
Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
The 1847-C is the most common Charlotte quarter eagle by a fairly substantial margin. It has the highest original mintage figure of any Charlotte quarter eagle but this figure is only a few hundred pieces more than the 1843-C Large Date. The relative availability of this issue, especially in high grades, suggest a small hoard existed at on time.
The 1847-C is...relatively easy to locate in grades up to and including AU55. It is scarce in properly graded AU58 and rare in Uncirculated, although it is far more available in Mint State grades than any other quarter eagle from this mint. There are an estimated half dozen or so known in MS63 and in MS64, but there are no Gems currently accounted for.
STRIKE: This is among the best struck issues of any denomination from this mint. The obverse is very sharply detailed with just a bit of weakness on the curls nearest to the face and the ear of Liberty. The stats are very sharp with most showing completely detailed radial lines within the stars. On the reverse, the right leg of the eagle is usually weak and the inner part of the eagle’s right wing may show some weakness as well. The border is very sharp, especially on the lettering and the denticles.
SURFACES: It is possible to locate an 1847-C that has reasonably clean surfaces. Many however, are liberally abraded with detracting marks seen in the fields. Mint-made striations are sometimes seen in the obverse fields.
LUSTER: The quality of the luster is above average. Higher grade specimens are frosty with a slightly grainy texture.
COLORATION: Original, uncleaned pieces often show pleasing light yellow-gold or medium green-gold coloration. It is not easy to find pieces with natural color as many have been lightened, cleaned or processed during the past few years.
EYE APPEAL: This is one of the few Charlotte quarter eagles that the date collector can expect to find with good eye appeal...There are a number of choice pieces known with sharp strikes, decent surfaces, good luster and nice color. Unfortunately, such coins are becoming harder to find as more and more examples are cleaned.
DIE CHARACTERISTICS: There are some small raised die scratches from the eleventh to the twelfth star and others noted from the twelfth to the thirteenth. Another die scratch can be seen through the MER in AMERICA. Some coins show slight die rust patches around the date and on the reverse, mostly below the wings of the eagle.
DIE VARIETIES: One die variety is known.
Variety 1 (formerly Variety 8-F): The 1 in the date is joined to the bust and it is also close to the denticles. The 7 is joined to the bust but it is far from the denticles. The reverse was first used in 1846. It was extensively lapped in order to remove rust. One rust mark can still be seen below the 1 in the fraction.
Late die state coins show a fine crack from the right wing to the base of the M in AMERICA.
David Akers (1975/88):
This is the most common Charlotte Mint quarter eagle, and choice uncirculated examples are occasionally available. Most specimens that I have seen are well struck except for the minor weakness on the eagle's right leg that appears on most early Liberty Head quarter eagles. Not as rare as the supposedly common 1847.
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