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Lot
4488

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

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 3 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
Low-Mintage 1859-S Quarter Eagle, MS62
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 (7/12).
Ex: Pittsburgh Signature (Heritage, 10/2011), lot 4707.(Registry values: P2) (NGC ID# 25JN, PCGS# 7790)

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