1878 $2 1/2 Quarter Eagle, Judd-1567, Pollock-1757, R.6-7, ...
Very Rare and Important 1878 Morgan Quarter Eagle Pattern, Judd-15671878 $2 1/2 Quarter Eagle, Judd-1567, Pollock-1757, R.6-7, PR64 Gilt NGC. Morgan's quarter eagle design shows a large head of Liberty facing left with E PLURIBUS UNUM around the margin and the date below. The reverse has a spread-wing eagle in the center with UNITED STATES OF AMERICA around and 2 1/2 DOLLARS below. Struck in copper (and gilt) with a reeded edge. These interesting and rare patterns were struck on thinner and slightly wider (20.5 mm vs. 18 mm) planchets than the regular issue. About a dozen are believed to exist. The significance of this particular pattern is that it is only available in copper and gold (two pieces known). Considering the extreme rarity and cost of gold patterns, this piece represents a good value for the pattern collector, especially with gilt surfaces that simulate a gold appearance. This design was also copied into a half eagle pattern, Judd-1568. Lightly hairlined, the gilt surface is still fully intact and the coin has a very pleasing overall appearance. Identifiable by a tiny spot below the L in PLURIBUS and a small planchet void near the reverse rim at 4 o'clock. (PCGS# 61929)
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