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Lot
2387

1861 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS62 NGC....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 29, 2010
Item Activity: 7 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:

1861 Clark, Gruber Quarter Eagle, MS62
K-5a, Second and Final Year of Issue
1861 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS62 NGC. K-5a, R.4. Two points of the star above the P in PIKE are recut, and recutting also shows on the P in PIKE in the coronet. The 1861 Clark, Gruber designs imitated federal-style coinage, replacing the embarrassingly naïve depictions of a perfectly triangular Pike's Peak on the 1860 coinage.
This piece shows greenish-gold surfaces with a few stray contact marks but full luster, along with moderate strike weakness in the center that is typical of the issue. This piece is tied with a handful of others in this grade, but there are few finer. Listed on page 378 of the 2010 Guide Book. Census: 10 in 62, 3 finer (3/10). (PCGS# 10139)

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