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Lot
7455

1856-S $2 1/2 MS64 PCGS....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 9 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
Near-Gem 1856-S Quarter Eagle
Early S-Mint Condition Rarity
1856-S $2 1/2 MS64 PCGS. While the San Francisco Mint produced numerous double eagles in its early years of operation, the smaller gold denominations suffered comparative neglect, and production was low; the famed 1854-S quarter eagle is the most dramatic illustration of this principle. Two years later, the 1856-S quarter eagle saw a mintage of only 72,100 pieces, many of which saw heavy circulation.
This carefully preserved survivor breaks the pattern. The shimmering, carefully preserved surfaces display lovely sun-gold color overall with subtle peach accents on the reverse. Impressively preserved devices have crisp detail, particularly on the needle-sharp obverse portrait, and only a handful of small marks in the fields preclude a Gem grade. A delightful representative that could find a home in the finest of sets. Population: 4 in 64, 4 finer (6/11).(Registry values: P2) (NGC ID# 25JB, PCGS# 7781)

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