1806/5 $2 1/2

Description

1806/5 Quarter Eagle--A Major Rarity In The Series

1806/5 MS 60 NGC. Stars 7x6. The 1806/5 is one of the great rarities in the quarter eagle series. Only 480 pieces were produced, with one gold specialist doubting that as many as 16 coins still exist today in all grades. The '06/5 is tied with the 1841 for third rarest date in the entire quarter eagle series. The overdate feature was created when an 1805 obverse die was annealed (heated) and a 6 was punched over the 5 in the date. The surfaces have an even orange-gold coloration and the striking details are uncommonly well defined. The only abrasions that could be used as identifiers for pedigree purposes are a dig that crosses the die crack (a diagnostic feature on this overdate) at the top of the obverse, and a short mark to the right of star 11 on the reverse.

Coin Index Numbers: (PCGS# 7655, GSID# 8253)

Metal: 91.67% Gold, 8.33% Copper
Weight: 4.37 grams
AGW: 0.1288oz
Mintage: 480

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.