LOT #5595 |
Sold on Aug 3, 1998 for: Sign-in
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1808 $2 1/2
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Sold on Aug 3, 1998 for:
$10,637.50
Bid Source: Live: Floor bidder
Description
Rare Double Struck 1808 Quarter Eagle
1808 AU 55 Cleaned. Double Struck. While graded AU 55, many may view this piece as mint state. However, because of the light cleaning, the coin will not be able to be encapsulated by PCGS or NGC; and as a result the technical grade of the piece is less important than it would be if it were "slabbable." Consider AU 55 as a "net grade" for this piece.Not only is this a rare, one-year type but this coin is a double struck error as well. As such, it is of the highest rarity and should be of interest to the advanced error collector or advanced gold type collector who wishes to own a variant striking of this rare issue. Both sides show the double striking, but it is more obvious on the obverse. On the obverse there is a plain double profile of Liberty, a second impression, superimposed on the cheek of the final impression and the denticles show plainly through the upper stars on the left side and the upper portion of the cap. On the reverse a second impression of the upper left wing can be seen from the eagle's beak into the scroll, and a second impression of the scroll can be seen through the upper letters in the legend. A fascinating error of this very rare date, and a lot that is sure to provoke much discussion among all who view it.
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 ANA Signature Sale #190 (go to Auction Home page)
Auction Dates
August, 1998
3rd-6th
Monday-Thursday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 359
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