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Lot
7513

1830 $2 1/2

1998 F.U.N. Signature Sale #181

 
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Auction Ended On: Jan 9, 1998
Item Activity: 1 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Prooflike MS 64 1830 Quarter Eagle--An Upper-End Condition Census Piece
1830 MS 64 NGC. From an original mintage of 4,540 pieces, only several dozen 1830 quarter eagles are believed to survive today. Taglione proposed a population of 75 to 85 examples, far fewer than other estimates of up to 200 pieces, and from our experience we tend to favor this lower estimate. The survival rate of this series is remarkably low, compounded by the mass meltings of this and other denominations as the intrinsic value of the coin exceeded its face value. However, that being said, the 1830 is possibly the most available issue of the Small Planchet type with a small number of near-mint and mint state pieces certified. This is a well struck example that has bright, prooflike fields which upon close examination reveal shallow planchet flaking toward the rims on each side (really only a minor surface disturbance and barely noticeable without magnification). Bright orange-gold color, a couple of small milling marks are located in the right obverse field out from star 12. Very scarce in such a superior state of preservation. Population: 1 in 64, only 5 finer (10/97). (NGC ID# 25FL, PCGS# 7670)

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