1847-O $2 1/2 MS62 NGC....

Description

Elusive MS62 1847-O Two and a Half

1847-O $2 1/2 MS62 NGC. Except for the curiously low-mintage 1847-O half eagle, gold coin production increased in 1847. Some numismatists believe gold coins were needed in quantity to pay Federal troops fighting in Mexico. The 1847-O quarter eagle is collectible in XF and AU, but Uncirculated examples are very scarce. This is an untoned and moderately prooflike piece with clean fields and occasional incompleteness of strike. Census: 5 in 62, 5 finer (4/09).(Registry values: P2)

Coin Index Numbers: (NGC ID# 25H8, PCGS# 7747, GSID# 8357)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Melt Value: $118.17
Gold Spot: $977/oz (05-29-2009)
Mintage: 124,000

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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