1831 $2 1/2 MS62 PCGS....

Description

Important Mint State 1831 Quarter Eagle

1831 $2 1/2 MS62 PCGS. These quarter eagles from the early 1830s are among the most elusive of all coin designs ever produced at the United States Mint. The reduced size Capped Head quarter eagles were minted from 1829 through the summer of 1834, and during that period a total of 25,023 pieces were coined, with mintages ranging from a low of 3,403 pieces in 1829 to a high of 4,540 coins the next year. Only about 75 to 100 examples of each date from 1829 to 1833 survive, with possible a couple dozen 1834 examples. Probably just 500 examples of the entire design type exist today. This is a lovely greenish-gold example with sharp design details and reflective fields. The reverse is slightly weak where the left-hand wing meets the shield. The surfaces are lightly abraded, including a small scrape across some of the horizontal shield lines on the reverse. It is these imperfections that have limited the grade of this quarter eagle. In addition to the business strikes known, perhaps four or five Proofs exist, along with a silver pattern from the sale dies, currently unique.(#7671) (Registry values: P4)

Coin Index Numbers: (PCGS# 7671, GSID# 8230)

Metal: 91.67% Gold, 8.33% Copper
Weight: 4.37 grams
AGW: 0.1288oz
Mintage: 4,520

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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