1862/1 $2 1/2

Description

PCGS 1862/1 MS 61. Credit for the discovery of this interesting Civil War overdate gold variety is generally given to Aubrey Bebee in 1962. At that time, he considered this an "extremely rare" die variety. Since then, a number of other specimens have been discovered, and the opinion of number of extant coins differs between authors. The current population opinion varies between a high of 50 or so, down to a low of 15 to 20 pieces. If one refers to the current population figures of the two major services, PCGS (6/94), has certified a total of 17 coins including one mint state coin, this one. NGC (4/94), has certified a total of 6 coins including 1 MS 61 specimen.
This piece is very well struck, and is a deep, rich golden color. The luster is somewhat subdued, this probably being the factor for the MS 61 grade.

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.

View Certification Details from PCGS