1861 $2 1/2 Old Reverse, Type One MS63 NGC....

Description

Near Condition Census 1861 Quarter Eagle With Type One Reverse

1861 $2 1/2 Old Reverse, Type One MS63 NGC. Abandoned sometime in 1859, the Old Reverse hub for the Liberty Quarter Eagle was apparently pressed back into service at the Philadelphia Mint in both 1860 and 1861. The latter occasion may have been to aid the Mint in its production of 1.2 million Quarter Eagles, the largest output of this denomination since 1853. A richly frosted, orange-gold example, both sides are smooth enough to suggest a higher grade. The reverse strike is not quite full, but the obverse devices are bold in all areas. This rare variety was publicized by Doug Winter in the October 19, 1983 edition of Coin World.
From The Greg and Lesia Hosch Collection.(#97794) (Registry values: P2)

Coin Index Numbers: (NGC ID# 25JW, PCGS# 97794, GSID# 8286)

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

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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