1831 $2 1/2 MS66+ Prooflike PCGS....

Description

1831 BD-1 Quarter Eagle, MS66+ Prooflike
Second Finest at PCGS

1831 $2 1/2 MS66+ Prooflike PCGS. Ex: Simpson. The dies appear perfect with no evidence of die cracks or clash marks, signifying a piece that is either an early state (Bass-Dannreuther State a/a) or a late state from lapped dies (Bass-Dannreuther State c/c). John Dannreuther writes: "The lapping is so light that distinguishing between State a and c is nearly impossible."

Mint records indicate a production of 4,520 quarter eagles in 1831 with no more than 125 of those surviving today. Mintages of the type from 1829 to 1834 varied slightly, ranging from a low of 3,403 pieces in 1829 to a high of 4,540 coins in 1830. Only a single die pair is identified for each year from new obverse dies and just two reverse dies, one used in 1829 and the other employed from 1830 through 1834. A recut U in UNITED identifies the second reverse die.

The dies for this type are the work of Chief Engraver William Kneass who borrowed from the earlier work of Chief Engraver Robert Scot and assistant engraver John Reich. Kneass was appointed Chief Engraver following the death of his predecessor.

This lovely Prooflike Premium Gem exhibits a bold strike with sharply defined central and peripheral details on each side. A brilliant yellow-gold quarter eagle, this piece features reflective fields that contrast with the frosty design motifs. The surfaces are virtually pristine, presenting exceptional eye appeal with strong field-to-device contrast. Formerly endorsed by CAC as MS66+ prior to its reholdering, this coin has not yet been reviewed by CAC in its present MS66+ Prooflike holder. Population: 1 in 66+ Prooflike, 1 finer (9/20).(Registry values: P4)

Coin Index Numbers: (PCGS# 7671, Greysheet# 8230)

Weight: 4.37 grams

Metal: 91.67% Gold, 8.33% 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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