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    Description

    1821 Quarter Eagle, BD-1, MS62
    Remarkably Well-Preserved and Prooflike

    1821 $2 1/2 BD-1, R.5, MS62 PCGS Secure. Bass-Dannreuther Die State a/a. The 1821 quarter eagles are the first issues in the denomination struck since 1808 and accordingly the first to bear the new Robert Scot revision of John Reich's Capped Head to Left design (introduced on half eagles in 1813). The one-year-type 1808 quarter eagles marked the sole appearance of Reich's original Capped Bust to Left motif. Even though quarter eagles were struck again in 1821 -- this time in what the Red Book calls Capped Head to Left, Large Diameter -- they were again produced in minimal quantity, reportedly 6,448 pieces for circulation and a handful of proofs, these last perhaps struck on more than one occasion.

    This is a remarkable MS62 example of this issue showing a great deal of prooflike mirrored surface remaining on both sides amid pale honey-gold color and superlative eye appeal. This piece is among five so graded at PCGS, which reports three finer (10/15). While we see no evidence that this piece was struck as a proof, it is entirely likely -- in fact, probable -- that it was made early in the production run.

    Even though the 1821 quarter eagles were struck in a quantity larger than any other date through the 1834 Capped Head, all of these issues met similar fates when their revaluation according to the Act of 1834 made their melt value exceed their nominal worth.
    From The McCoy Family Collection of U.S. Early Gold Quarter Eagles. (NGC ID# BFW3, Variety PCGS# 45516, Base PCGS# 7662)

    Weight: 4.37 grams

    Metal: 91.67% Gold, 8.33% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The McCoy Family Collection of U.S. Early Gold Quarter Eagles ]

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    Auction Dates
    January, 2016
    6th-11th Wednesday-Monday
    Bids + Registered Phone Bidders: 9
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