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Lot
3096

1878-S $2 1/2 MS65 NGC....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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Auction Ended On: Jan 10, 2008
Item Activity: 2 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Elusive, Underrated 1878-S Quarter Eagle, MS65
1878-S $2 1/2 MS65 NGC. The Garrett-Guth Gold Encyclopedia says succinctly of this date, "Although the 1878-S quarter eagle is not a great rarity, it is difficult to locate in gem condition. Just a few examples have been graded at that level. The finest is a single MS-66 coin. Not a single example of the date has been offered at auction in gem condition in the last decade."
Well, here is precisely such a coin, a no-questions Gem striking, with considerable prooflikeness visible on both sides and beautiful yellow-gold coloration. The bold strike completes the attractive package.
A search through our auction archives confirms that this is the single finest graded 1878-S we have ever had the privilege to offer. This is one of only two MS65s graded at NGC, with one finer, while PCGS has certified a single MS65 as the finest at that service (12/07). A highly elusive and underrated coin in Gem condition.(Registry values: P2) (NGC ID# 25KZ, PCGS# 7829)

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