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1827 $2 1/2 BD-1, R.5, AU58 PCGS. CAC....
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1827 BD-1 Quarter Eagle, AU58
Lustrous and CAC Endorsed
Rarely Offered in Any Condition
1827 $2 1/2 BD-1, R.5, AU58 PCGS. CAC. Bass-Dannreuther Die
State a/c, as always with the reverse lapped from its previous use
in 1826. This is the only variety of the 1827 quarter eagle,
representing one of the rarest types in all of United States
coinage: the Capped Head Left quarter eagle struck on 18.5 mm
planchets, produced in token quantities from 1821 to 1827. In the
final year, only 2,800 pieces were recorded by the Mint. There was
no coinage in 1828, and in 1829, the Mint produced a refined design
on a slightly smaller planchet (18.2 mm).In his reference, Early U.S. Gold Coin Varieties, John Dannreuther estimates a survivorship of only 45 to 55 examples of the 1827 quarter eagle. Moreover, roughly one fourth of the coins that we have handled were Net-graded, having various problems. We have not seen a problem-free coin in AU58 in more than a decade. This CAC-endorsed example displays a sharp strike and lustrous peach-orange surfaces that appear original. Barely any discernible friction is evident over the portrait and eagle, and neither are there mentionable abrasions. Population: 6 in 58, 15 finer. CAC: 1 in 58, 2 finer (6/19).
Coin Index Numbers: (Variety PCGS# 45522, Base PCGS# 7666)
Weight: 4.37 grams
Metal: 91.67% Gold, 8.33% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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