1861 $2.50 New Reverse MS(PCGS#7794)

1861 $2.50 New Reverse MS (PCGS#7794)

The Regency Auction 55

Auctioneer
Legend Rare Coin Auctions
Lot Number
156
Grade
MS63
Price
1,351
Lot Description
This is very high end for the assigned grade example of this popular Civil War era gold coin. While many of the gold coins of the era are low mintage or very rare in high grade, the 1861 quarter eagle is relatively available even in CHOICE Mint State and this one has a great look. A strong luster with hints of Prooflike flash and reflection beam all over. An early die state with planchet roller marks and die striations seen in the fields. The devices are crisp and the surfaces are devoid of serious contact that would impair the great eye appeal. PCGS 217, NGC 64, CAC 40. Most recent NGC/CAC example sold seemingly ages ago in February 2019. More recently, a PCGS/CAC example sold in April 2022 for $2,520, well above the published levels. We expect this impressive coin will likewise see a premium bid. Good luck. Cert. Number 4257129002 PCGS # 7794
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