1824/1 $2 1/2 PCGS Genuine....

Description

Elusive 1824/1 BD-1 Quarter Eagle

1824/1 $2 1/2 PCGS Genuine. Breen-6127, BD-1, R.5, the only dies for this difficult date. The PCGS number ending in .98 suggests Damage as the reason, or one of the reasons, that PCGS deemed this coin not gradable. In our opinion, the coin has the details of an Uncirculated specimen with obverse damage and scratches. Reflective bright green-gold surfaces and nearly full luster are evident. The strike is a trifle soft along the left edge of the shield. The mintage was a mere 2,600 coins, and only about 50 to 60 survivors exist today. Most survivors range in the VF to low Mint State grades, indicating that collectors preserved examples from an early date. Except for those few saved in early coin cabinets, the entire mintage was melted by contemporary gold hoarders.
From The R.M. Phillips Limited Partnership Collection.(Registry values: P6, N6)

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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