1857-O $2 1/2 MS63 PCGS....

Description

Rare Select 1857-O Two and a Half

1857-O $2 1/2 MS63 PCGS. The 1857-O was the final New Orleans quarter eagle. By that year, Southern gold fields were largely played out, and California bullion was coined at San Francisco instead of shipped by steamer to the Gulf Coast. Most '57-O survivors are in XF or AU grades, and those that remain in Uncirculated condition typically grade MS61 to MS62. The present example reaches the rarefied Select level, since there are no relevant marks and all devices and legends are bathed in luster. A good strike despite minor softness on the claws and left (facing) leg. A mere 34,000 pieces were struck. Encased in a green label holder. Population: 4 in 63, 1 finer (11/09).(Registry values: P2)

Coin Index Numbers: (NGC ID# 25JE, PCGS# 7784, GSID# 8383)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 34,000

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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