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Lot
4713

1862/1 $2 1/2 MS62 PCGS. FS-301....

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160

 
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Auction Ended On: Oct 14, 2011
Item Activity: 10 Internet/mail/phone bidders
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Location: David L. Lawrence Convention Center
1000 Ft. Duquesne Blvd.
Pittsburgh, PA 15222

Description:
High-End 1862/1 Quarter Eagle, MS62
1862/1 $2 1/2 MS62 PCGS. FS-301. What is under the 2 in the date? Though the 1862/1 is traditionally listed as an overdate, considerable controversy exists over its true nature. Regardless, the variety is popular and forms a small subset of the issue, which has a mintage that does not reach six figures. The present MS62 example is one of just two 1862/1 quarter eagles graded at that level by PCGS, with none numerically finer (8/11). Bold yellow-orange luster swirls around well-defined devices, and though the fields show wispy abrasions, the only flaw warranting individual mention is a line near stars 12 and 13 on the obverse.
From The Baltimore Collection, Part Two.(Registry values: P2) (NGC ID# 25JZ, PCGS# 7797)

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