1848 $2 1/2 CAL. -- Repaired -- NGC Details. Unc....

Description

1848 'CAL.' Quarter Eagle, Unc Details
First U.S. Commemorative

1848 $2 1/2 CAL. -- Repaired -- NGC Details. Unc. The 1848 "CAL." Liberty quarter eagle was struck from the first deposit of California gold to reach the Philadelphia Mint in 1848. Only 1,389 quarter eagles were struck with the incuse letters stamped into the reverse to commemorate the historic events taking place in the Far West at that time. Many numismatists consider this issue the first United States commemorative coin.

This well-detailed example shows no signs of actual wear, but some evidence of repair shows on the devices and lower reverse field. The light orange-gold surfaces retain traces of original mint luster and the overall presentation remains quite attractive.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HA, PCGS# 7749, Greysheet# 8270)

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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