LOT #6249 |
Sold on Jun 5, 1998 for: Sign-in
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1808 $2 1/2
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Sold on Jun 5, 1998 for:
$35,650.00
Bid Source: Live: Floor bidder
Description
High Grade (AU 58) 1808 Quarter Eagle
1808 AU 58 PCGS. An essential one-year type coin that is very rare with only 2,710 pieces struck. From that original mintage fewer than 2% survive in all grades. Breen speculates that the low survival rate may be due to the weak borders on all known coins which exposed them to undue wear. This is a bright, nearly uncirculated coin that retains much of the original mint luster, especially around the protected portions of the devices. Well struck in most areas, but showing localized weakness on the stars on the right side of the obverse and the eagle's wing tips, as usually seen. Numerous small abrasions are scattered across each side with the most obvious ones being a milling mark behind the hair curls of Liberty and a scratch that connects the bottom of the scroll to the feathers at the back of the eagle's neck. A lustrous and quite attractive example of this scarce and always-in-demand type coin.Coin Index Numbers: (PCGS# 7660, GSID# 8217)
Metal: 91.67% Gold, 8.33% Copper
Weight: 4.37 grams
AGW: 0.1288oz
Mintage: 2,710
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.
Auction Info
1998 June Long Beach Sale #187 (go to Auction Home page)
Auction Dates
June, 1998
4th-5th
Thursday-Friday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 398
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Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial
