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Lot
6373

1834 $2 1/2 CAP BUST

1997 June Long Beach Sale #173

 
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Auction Ended On: Jun 6, 1997
Item Activity: 1 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Condition Census 1834 Capped Bust Quarter Eagle
1834 Capped Bust AU 58 NGC. Of the 4,000 quarter eagles struck in 1834 of this design type, virtually all were melted soon after striking as their intrinsic value was greater than their face value. It is generally accepted that today no more than 15 examples are known in all grades. Mint state examples are very scarce, and this AU 58 piece is currently tied for fourth finest known among those certified by the major services. As with all known 1834 Capped Bust quarter eagles, the fields are highly reflective. The peripheral stars are finely detailed with complete radials on each. Liberty's hair curls are a bit soft, though, and there is just a bit of striking weakness at the juncture of the left side of the shield and the eagle's breast. The coin has bright green-gold color overall and shows no large or distracting blemishes on either side. An exceptional, high-grade quarter eagle. (NGC ID# 25FR, PCGS# 7674)

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