1869 $2.50 MS(PCGS#7809)

1869 $2.50 MS (PCGS#7809)

August 2021 ANA U.S. Coins Auction

Auctioneer
Stack's Bowers
Lot Number
4175
Grade
MS63PL
Price
10,800
Lot Description
Elusive Mint State 1869 Quarter Eagle Finest Prooflike Example Certified 1869 Liberty Head Quarter Eagle. MS-63 PL (NGC). CAC. Exceptional quality and eye appeal for this challenging Reconstruction era gold issue. Bathed in vivid golden-rose, both sides are fully struck and nicely preserved. Satiny in texture, as well, the design elements offer pronounced cameo contrast with reflective fields. Produced during an era in which gold coinage had not yet returned to active circulation in the Eastern and Midwestern states since its withdrawal early in the Civil War, it should come as no surprise to read that the 1869 quarter eagle has a circulation strike mintage of just 4,320 pieces. Survivors are scarce in an absolute sense and rare in Mint State, the present example the finest certified in the PL category at the major third party grading services. An exciting offering for advanced gold enthusiasts specializing in Liberty Head coinage. NGC Census: 1; 0 finer in this category. PCGS has yet to certified a single example of this issue as PL. PCGS# 7809. NGC ID: 25KD. Click here for certification details from NGC.
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