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Description

Satiny Gem 1853 Two and a Half

1853 $2 1/2 MS65 NGC. The bounty of the 1849 California Gold Rush changed the market ratio between silver and gold. Silver coins became worth more than face, and were hoarded from circulation between 1851 and 1853. In response, quarter eagles were struck in record numbers to aid commerce. But few of those pieces survive in MS65 quality. The present example is one such Gem, and its remarkably smooth surfaces are green-gold and satiny. The strike is bold aside from the customary inexactness on the left (facing) leg. Census: 12 in 65, 0 finer (4/09).(Registry values: P2)

Coin Index Numbers: (NGC ID# 25HV, PCGS# 7767, GSID# 8275)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 1,404,668


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 NGC

Auction Info

Auction Dates
May, 2009
28th-31st Thursday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 355

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on May 29, 2009 for: $4,887.50
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