1863 $2 1/2
Exceedingly Rare 1863 Proof Quarter Eagle1863 PR 64 PCGS. The 1863 and 1841 quarter eagles are the two foremost rarities in the entire Coronet quarter eagle series. Of the 1863, none were struck for circulation purposes and only 30 proofs were coined. Of that number it has been variously estimated that survivors number between a low of 10-12 pieces (Akers) to as many as 18 (Breen). Whomever one chooses to believe, very few examples of this date exist in any condition, and some 6-9 pieces are impaired. (And speaking of impaired, the Norweb coin was only graded PR 45). All coins were struck from a single pair of dies on March 23 of that year.
The surfaces of this piece exhibit a slight haziness from having been lightly wiped at one time, the evidence of which is almost exclusively seen on the obverse. According to the most recent population data available (1/99) as this is cataloged, the combined staffs of both PCGS and NGC have only certified 3 other pieces in PR 64 with 2 coins in a higher grade, both PR 65. (NGC ID# 287H, PCGS# 7889)
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