1847 $2 1/2 MS60 NGC....

Description

1847 Quarter Eagle, MS60
Elusive Mint State Piece

1847 $2 1/2 MS60 NGC. Unlike the half eagles and eagles that had record-high mintages at Philadelphia in 1847, few quarter eagles were minted with a recorded production of only 29,800 coins. In his Proof Gold Encyclopedia, John Dannreuther noted that the circulation strike 1847 quarter eagles have repunching at the bases of the 1 and 8. This piece departs from that description and features a normally punched date as also seen on the unique proof, although this example is clearly not a proof strike. It is a lustrous light yellow-gold example that shows scattered, grade-consistent marks. Two dark toning spots at the upper obverse will identify this example. Census: 8 in 60, 12 finer (3/23).(Registry values: P2)

Coin Index Numbers: (NGC ID# 25H5, PCGS# 7744, Greysheet# 8268)

Weight: 4.18 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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