Description

    1862 Two and a Half, MS62
    An Unusually Scarce Wartime Issue

    1862 $2 1/2 MS62 NGC. The advent of the Civil War, and the uncertain outcome of that conflict, ensured that silver and gold coins would either be melted or hoarded. As a result, attrition took a high toll on these pieces, and many great rarities were created during the war years. The mintage of the 1862 quarter eagle was 98,508 business strikes, but only 11 other coins have been graded by NGC, with five finer (2/11). This sharply struck example has pronounced die striations in the field, which have in turn given the coin a prooflike glimmer on each side. The surfaces are lightly abraded (for an MS62), and the color is an even reddish-gold.(Registry values: P2) (NGC ID# 25JZ, PCGS# 7796)

    Weight: 4.18 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Info

    Auction Dates
    March, 2011
    17th-20th Thursday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
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