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Lot
3412

1832 $2 1/2 MS60 NGC. Breen-6135, BD-1, R.4. ...

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:
Mint State 1832 Quarter Eagle, BD-1
Sharply Struck With Small Abrasions
1832 $2 1/2 MS60 NGC. Breen-6135, BD-1, R.4. The tiny mintage of 1832 quarter eagles was 4,400 pieces, most of which were likely melted a couple of years later when their face value sank below their bullion value. There was, unsurprisingly, only a single die pair known for the issue. Bass-Dannreuther estimate that 80 to 100 examples exist today, a survival rate of 2%-2.5%. This piece shows minor softness on the eagle's wings and the hair above Liberty's ear, but it is sharply struck otherwise. The light greenish-gold surfaces are accented with faint reddish patina and radiate good luster, with the grade determined by numerous small abrasions over each side.(Registry values: P5) (NGC ID# 25FN, PCGS# 7672)

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