1802 $2 1/2 BD-1, R.4, MS62 PCGS. CAC....

Description

1802/'1' Quarter Eagle, MS62, BD-1
Lustrous, Frosted Surfaces

1802 $2 1/2 BD-1, R.4, MS62 PCGS. CAC. Bass-Dannreuther Die State a/b. The 1802 quarter eagles were produced to the meager extent of a reported 3,035 pieces. Three different reverse dies were successively paired with a single obverse to produce the three marriages known for the issue.

The 1802 quarter eagles had long been considered overdates; although the Guide Book removed their overdate status with the 2014 edition. The PCGS label, placing the 1 in quote marks as 1802/'1' brings into question the overdate status as well. While we are not certain who was first to call these coins overdates, that status was called into question as early as 1975 when David Akers wrote: "on many specimens that I have seen, one must use a little imagination to see the overdate." In 1988, Walter Breen observed: "The single 1802 obv. is generally called an overdate, 1802/1, a perception possibly influenced by the 1802/1 half eagle dies. Any trace of 1 within 2 on the quarter eagles requires a microscope."

The reverse die on this pairing is called the "Spike Shield" in Bass-Dannreuther, for the tiny artifact that runs from the top left shield corner to the wing. Deep reddish patina on each side of this piece complements bold mint luster and nicely frosted surfaces. A few light contact marks are consistent with the grade, none worthy of note. The strike is somewhat soft in the centers. Population: 6 in 62 (1 in 62+), 7 finer. CAC: 1 in 62, 5 finer (11/23).
Ex: FUN Signature (Heritage, 1/2020), lot 4327.
Selections From The Perfection Collection.

Coin Index Numbers: (Variety PCGS# 45506, Base PCGS# 7650, Greysheet# 213448)

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.

View all of [Selections From The Perfection Collection ]

View Certification Details from PCGS