1824/1 $2.50 MS(PCGS#7663)

1824/1 $2.50 MS (PCGS#7663)

The Regency Auction 41

Commissaire-priseur
Legend Rare Coin Auctions
Numéro du lot
383
Grade
AU58
Prix
15 863
Description du lot
Only 2,600 quarter eagles were estimated to have been struck and of those, about 50-60 are thought to survive. These were all struck from a single pair of dies, BD-1. This lightly worn example has a trace of friction on the highest points, but the fields retain ample luster. There is some weakness along the left side of the eagle's body along the shield. There is a minor scratch on the reverse, but the eye appeal is very pleasing overall, despite the minor flaw. These early quarter eagles as a class are all rare, and like all old tenor gold coins from the 1820s and 1830s, the 1824/1 is incredibly scarce as a date. As a type, these are a challenge to collect, making them very popular among advanced collectors. PCGS 5, NGC 8. The last NGC-graded coin sold in August 2013 for $18,800. The current Collectors Universe value is $27,500. Incredibly rare any finer, NGC and PCGS combined have graded only 20 finer. Cert. Number 653527-001 PCGS # 7663.00
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