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Lot
30027

1831 $2 1/2 MS64 PCGS....

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360

 
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Auction Ended On: Jan 12, 2005
Item Activity: 8 Internet/mail/phone bidders
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Location: Fort Lauderdale, FL
Description:
Flashy Near-Gem 1831 Capped Bust Quarter Eagle
1831 $2 1/2 MS64 PCGS. Bass-3028, Breen-6134, R.4. Rarity abounds in the Reduced Size Capped Bust Quarter Eagle series, with this issue's mintage of 4,520 pieces actually being the highest figure for the entire type's six-year run. This delightfully frosty near-Gem exhibits characteristic green-gold color and sparkling reflective qualities in the fields. Every feature except for the eagle's left (facing) shoulder is crisply defined, and only a small cluster of tiny field marks to the left of the portrait seem to rule out an even higher grade. A small copper stain on the obverse border adjacent to star 4 is unique to this example. In sum, this is a breathtaking coin whose eye appeal is equally as impressive as its technical quality. William Kneass succeeded Robert Scot as Chief Engraver following Scot's death in 1823. While he did not replace Scot's Capped Head Left motif on the Quarter Eagle, Kneass modified this design and introduced smaller stars and letters, as well as redefined the portraits of Liberty and the eagle. Most importantly, however, the 1829-1834 Capped Head Left type introduced beaded borders and raised rims to the Quarter Eagle series. Population: 8 in 64, 6 finer (12/04).
From The Gold Rush Collection.(#7671) (Registry values: P4) (NGC ID# 25FM, PCGS# 7671)

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