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1859-S $2 1/2 MS62 PCGS....

2010 March Fort Worth, TX Signature ANA US Coin Auction #1138

 
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Auction Ended On: Mar 26, 2010
Item Activity: 5 Internet/mail/phone bidders
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Location: Fort Worth Convention Center
1201 Houston Street
Fort Worth, TX 76102
Description:
Lustrous MS62 1859-S Quarter Eagle
Low-Mintage S-Mint Issue
1859-S $2 1/2 MS62 PCGS. This low-mintage issue was made after the San Francisco Mint had been open only five years, and the facility was clearly concerned with coining its first Seated dimes, quarters, half dollars, and dollars, all of which were produced in larger quantities than the quarter eagle. (The double eagle coinage was also quite large.) The quarter eagles were struck with the old-style hub featuring larger letters and heavier arrows, although some of the P-mint coins were struck with the new reverse. This piece is well-produced save for minor strike weakness in the centers. Excellent luster appears, and marks are minor and grade-consistent. This MS62 coin is the only one so certified at PCGS, although three examples have been graded finer (2/10).(Registry values: P2) (NGC ID# 25JN, PCGS# 7790)

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