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Lot
3407

1807 $2 1/2 AU55 PCGS. CAC. Breen-6124, BD-1, R.3. ...

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
1807 Two and a Half, BD-1, AU55
Well-Defined, Problem-Free Example
1807 $2 1/2 AU55 PCGS. CAC. Breen-6124, BD-1, R.3. This is the only variety known for the year, unsurprising since only 6,812 pieces were struck. The mintage and its relative availability in the Capped Bust to Right quarter eagle series underscore just how rare early quarter eagles really are. Quarter eagles, similar to quarters, were not a favorite denomination in the early Mint, and as a result were generally only struck when depositors asked for such coins. As a result, mintages and subsequent availability were low. This well-struck example is well-defined relative to other issues in the series from 1796 through 1806. Only slight striking softness is seen in the centers, and a few light roller marks appear in the center obverse with magnification. The surfaces display a slight reddish tinge, and the only reportable mark connects the M in AMERICA to the scroll on the reverse.(Registry values: P5) (NGC ID# 25FC, PCGS# 7656)

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