1862/1 $2 1/2 MS61 PCGS. FS-301....
1862/1 Quarter Eagle, FS-301, MS611862/1 $2 1/2 MS61 PCGS. FS-301. The 1862/1 Liberty Head quarter eagle variety accounts for an unknown, but certainly small, percentage of the 98,500 quarter eagles coined by the Philadelphia Mint in 1862. The variety is not easily recognized, and was only discovered in the 1960s by popular coin dealer Aubrey Bebee. The issue is rare in all grades and avidly pursued by gold specialists, especially in Mint State grades. The present coin is sharply struck, with bright yellow-gold surfaces and delicate blue overtones. Much original mint luster remains, especially at the borders. Numerous small abrasions are scattered about both sides, all consistent with the grade. Population: 2 in 61, 2 finer (10/12).(Registry values: P2) (NGC ID# 25JZ, PCGS# 7797)
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