1862 $2 1/2 MS64 NGC....

Description

1862 Quarter Eagle, Near-Gem Example
Low-Availability Issue

1862 $2 1/2 MS64 NGC. This mid-Civil War quarter eagle is scarcer than the moderate mintage of nearly 100,000 pieces would lead collectors to believe. After the conflict began, gold coins simply did not circulate, and many low-mintage issues are far scarcer than thought. This near-Gem piece is a conditional rarity as well, among the top eight submissions at NGC and PCGS combined (2/12). The surfaces are beautifully colored, with alternating light streaks of reddish-gold and lilac. Typical for high-grade examples, the fields on this piece show striations that produce a bright, semireflective gleam on each side. The strike is bold overall, save for softness on the hair curls above the face and on the eagle's left (facing) leg. An important bidding opportunity and a coin not likely to be improved upon.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25JZ, PCGS# 7796, Greysheet# 8287)

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.

View Certification Details from NGC