1862/1 $2 1/2 MS61 PCGS....

Description

1862/1 Liberty Head Quarter Eagle, MS61
Rare Overdate Issue

1862/1 $2 1/2 MS61 PCGS. The 1862/1 Liberty Head half eagle variety accounts for an unknown, but certainly small, percentage of the 98,500 quarter eagles coined by the Philadelphia Mint in 1862. The variety is not easily recognized, and was only discovered in the 1960s by popular coin dealer Aubrey Bebee. The issue is rare in all grades and avidly pursued by gold specialists. The 1862/1 is extremely rare in MS61. Population: 2 in 61, 2 finer (3/10). The present coin is sharply struck, with bright yellow-gold surfaces. Much original mint luster remains, especially at the borders. Numerous small abrasions are scattered about both sides, all consistent with the grade.(Registry values: P2)

Coin Index Numbers: (NGC ID# E2N9, PCGS# 7797, GSID# 8391)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 98,500

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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