1807 $2 1/2 BD-1, R.3, AU53 NGC. CAC....

Description

1807 BD-1 Quarter Eagle, AU53
Attractive Draped Bust Issue

1807 $2 1/2 BD-1, R.3, AU53 NGC. CAC. Bass-Dannreuther Die State a/b. Red-gold surfaces contain hints of blue-steel around the peripheral devices. A light linear scratch through the hair below the ear is not immediately noticeable. Wear is light, and there are no areas lacking in detail to suggest weak striking. In the context of the Early quarter eagle series, the 1807 is a "high mintage issue" -- with high mintage meaning 6,812 coins. Only the 1821's mintage of 6,448 comes close, and the next highest, 1804, comes in at around half that level. Even so, with the high attrition rate stemming from the melting of many examples in the 1820s and 1830s due to their gold content of more than $2.50, relatively few survived to the present day. Limiting the search to choice examples further limits the pool of potential candidates, making the present offering even more desirable to both series specialists and type collectors alike.
From The Presidio Collection.

Coin Index Numbers: (NGC ID# BFVY, Variety PCGS# 45514, Base PCGS# 7656, Greysheet# 297889)

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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