1830 $2 1/2 MS64 NGC....
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|Auction Ended On:||Apr 30, 2009|
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Duke Energy Center
New technology was introduced at that time, providing a more uniform diameter and appearance to the coin through the used of a closed color that imparted a reeded edge at the same time the coin was struck, eliminating the separate step of imparting the edge device before striking. Mint Director Samuel Moore stated that the new closed collar provided a "mathematical equality" to the coins.
Throughout the 1820s and into the 1830s, the price of gold increased to a point where the gold value was greater than the face value, inspiring people who had them to melt them down for their gold content. Today, the result of those actions is that few examples survive today, although those that do survive are apt to be in higher grades since they clearly did not circulate.
Both sides of this boldly detailed piece have minuscule abrasions and planchet flakes. The greenish-gold surfaces are faintly prooflike with slight cameo contrast. All of the design elements are bold and the overall eye appeal is exceptional. This splendid quarter eagle is sure to please the connoisseur. Census: 1 in 64, 8 finer (3/09).(Registry values: P4) (NGC ID# 25FL, PCGS# 7670)
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