1866-S $2 1/2

Description

Nearly Unsurpassable 1866-S Quarter Eagle, Ex: Eliasberg

1866-S $2 1/2 MS 62 NGC. Since the San Francisco Mint produced only 38,960 quarter eagles in 1866, it should come as no surprise to experienced collectors that this issue is seldom offered in any grade. Judging by current NGC and PCGS population data, most of the coins that have survived are clustered in the XF and lower About Uncirculated grades, and both major grading services have seen only four Mint State examples (11/00). This BU representative is minimally abraded for the grade with a frosty, orange-gold texture. The otherwise bold strike wanes slightly over the eagle's left (facing) leg feathers, but we stress that this feature is common to many S-mint quarter eagles from this era. Comfortably within the Condition Census for the issue, we have no doubt that this high quality example will attract significant attention from gold specialists.
Ex: David S. Wilson Collection (S.H. Chapman, 1907); John H. Clapp Collection (1942); United States Gold Coin Collection (Bowers & Ruddy, 10/82), lot 203.

Coin Index Numbers: (NGC ID# 25K8, PCGS# 7804, GSID# 8395)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 38,900

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 NGC