1849 $2 1/2 MS63 PCGS....

Description

Conditionally Scarce 1849 Quarter Eagle, Select Uncirculated

1849 $2 1/2 MS63 PCGS. Although 1849 was the year of the California Gold Rush, much of that gold had not yet reached the Philadelphia Mint and so only 23,294 quarter eagles were struck. 1849 would be the last year of such a low mintage. The next year Philadelphia would strike 10 times that number, and in 1851 more than a million quarter eagles were struck. Examples of this issue are seldom seen in Mint State, and an attractive piece in MS63 is all the more desirable. Wonderful yellow-gold patina drapes each side, and the surfaces are exceptionally clean for the grade. The luster is particularly resplendent and shimmers throughout. The centers are a little soft, as typically seen, which keeps this piece from an even higher grade. A spectacular, conditionally scarce representative. Housed in a green label PCGS holder. Population: 4 in 63, 2 finer (6/08).(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HD, PCGS# 7752, GSID# 8271)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 23,294

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.

View Certification Details from PCGS