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#1 MS65BN PCGS grade
New Netherlands “ANA Sale” 8/1952:4478 - 1958 ANA Sale, Lot 469 - Bowers & Merena 5/1993 - Mike Byers, offered in 6/2002 for $100,000 - Simpson Collection |
This unique coin is both a die trial and an intentional mint error. The coin started out as a copper die trial of an 1846 Quarter Eagle, receiving blows from the dies used to strike regular 1846 $2.50 gold pieces. It was later overstruck with the obverse die of an 1846 Half Eagle, after placing the die trial on a piece of leather, wood, or soft metal, thus flattening the details in the process. Both 1846 dates are visible, as seen in the illustration shown above.
As a group, Patterns and related issues of the 1840's are extremely rare. Die Trials are known of an 1840 Quarter, there's this coin, some Patterns of 1849, and that's it.