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Lot
1896

1830 $2 1/2 AU58 PCGS....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

 
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Auction Ended On: Jul 31, 2008
Item Activity: 3 Internet/mail/phone bidders
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Location:

Baltimore, MD

Description:
Near-Mint State 1830 Quarter Eagle, BD-1
1830 $2 1/2 AU58 PCGS. Breen-6133, BD-1, R.4. Just a single die pair is known for this year's quarter eagle denomination, which was produced to the extent of only 4,540 coins. But while the obverse was solely used during the year (or, more accurately, for the 1830-dated quarter eagles), the single reverse, with a recut U in UNITED, was new for the issue and reused yearly through the end of the series, in 1834.
For a coin with such a small mintage, there appears to be relatively good survivorship; Bass-Dannreuther estimates that from 70 to 100 pieces exist today, making the percentage of survivors from 1.8% to 2.5%. The current combined NGC-PCGS population data show nearly five dozen Mint State survivors. In AU58, the present piece is in a median grade for the issue, as well as a popular collector grade and about the average for certified survivors.
This bright yellow-gold example has a moderate overlay of reddish patina on each side. The fields are bright and semiprooflike, as usually found on these low mintage early quarter eagles. Well, but not fully struck with a few light, unobtrusive abrasions.
From The Aspen Collection.(Registry values: P4) (NGC ID# 25FL, PCGS# 7670)

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