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Lot
5219

1870-S $2 1/2 MS64 NGC....

2012 April 18-22 US Coins & Platinum Night CSNS Signature Auction- Schaumburg #1169

 
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Auction Ended On: Apr 19, 2012
Item Activity: 2 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Near-Gem 1870-S Two and a Half
Tied for Finest Certified
1870-S $2 1/2 MS64 NGC. The Reconstruction Era saw a string of low-mintage gold issues from the San Francisco Mint, especially in the quarter eagle series, which was far less popular than the half eagles. The 1870-S issue is one such, produced to the extent of a meager 16,000 pieces. and most of them apparently circulated far and wide, down to an average grade for certified pieces of Choice XF or thereabouts. This near-Gem boasts bright, shimmering mint frost with rich orange-gold color over sharply struck surfaces. The grade is apparently determined by several small marks, visible with a glass, in the obverse fields and on Liberty's cheek. Both PCGS and NGC have seen a single grading event in MS64, with none finer (3/12).(Registry values: P2) (NGC ID# 25KG, PCGS# 7812)

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