1876 $2.50 MS(PCGS#7824)

The August 2010 Boston Rarities Sale

Auctioneer

Bowers & Merena

Lot Number

1568

Grade

MS64

Price

9,775

Lot Description

1876 Liberty Quarter Eagle. MS-64 (NGC). Quarter Eagle production at the Philadelphia Mint moved up in 1876 from a delivery of just 400 pieces in 1875. Even so, the 1876 is still a low-mintage rarity with a mere 4,176 coins struck. Our first offering of a Mint State example in quite some time, this reddish-gold beauty is high in the Condition Census for the issue. Shimmering with softly frosted luster, both sides are free of all but a few trivial abrasions that do not detract at the assigned grade level. A bit lightly struck in the centers, but also not distractingly so, this coin stands out as another highlight in the marvelous Horseshoe Collection.