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Lot
3409

1827 $2 1/2 MS62 NGC. Breen-6131, BD-1, R.5....

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

 
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Auction Ended On: Aug 11, 2010
Item Activity: 5 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
1827 Quarter Eagle, BD-1, MS62
Very Scarce, Last Open Collar Issue
1827 $2 1/2 MS62 NGC. Breen-6131, BD-1, R.5. The reported mintage of 1827 quarter eagles was a meager 2,800 pieces, with a single die variety known for the date. No quarter eagles were struck in 1828, and the dies were slightly modified in 1829 to accommodate the new close collar technology. The 1827 BD-1 is thus the last quarter eagle date/variety to be coined on the old open collar screw press. The issue is very scarce as a date, with an estimated surviving population of 45-55 examples in all grades. Currently, NGC has graded six coins in MS62, with eight finer, while PCGS has certified only four specimens in this grade, with eight finer (6/10).
The present coin is sharply struck, with fine detail evident on Liberty's hair and all star centers well defined. A touch of softness is present on the reverse shield. The pleasing green-gold surfaces are lustrous and lightly abraded for the grade.
From The Dr. and Mrs. Claude Davis Collection.(Registry values: P5) (NGC ID# 25FJ, PCGS# 7666)

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