1464

1464- 1832 $2.50 Capped Head NGC MS61

Currency:USD Category:Coins & Paper Money / US Coins Start Price:6,500.00 USD Estimated At:13,000.00 - 14,000.00 USD
1464- 1832 $2.50 Capped Head NGC MS61
<Our item number 114254><B>1832 &#36;2.50 Capped Head. NGC graded MS-61.</B> Mostly untoned. Only the one set of dies apparently known for 1832, used to strike a low number of coins. The second United States mint opened for business the very next year. The 1833 Mint Report lists a face value of eleven thousand dollars in quarter eagles issued, which could be struck off in a few minutes on a modern high speed coining press. Today, we put the surviving population about 3% to 5% of the original mintage.<BR><BR>And what of the coin itself? It is a fairly sharply made coin and well within the Mint State parameters with lovely greenish-gold cast to the color. The surfaces are free from the typical abrasions. Were it not for this opportunity to bid collectors might search many months &#40;or years&#41; to find one that grades Mint State; thus, an important opportunity given its exceptional quality. As a matter of fact, it seems to us at this moment that there is only one place in the world where a collector might be even reasonably happy with an 1832 quarter eagle, and that is by acquiring this very coin. <B>Pop 6; 10 finer, 3 in 62, 6 in 63, 1 in 64.</B> Only 4,400 struck <B>&#40;PCGS # 7672&#41;</B>. <BR>Estimated Value &#36;13,000-14,000. <BR><BR>Our item number 114254<BR><IMAGES><P ALIGN="CENTER"><IMG SRC="http://www.goldbergcoins.net/liveauction/41jpegs/114254.jpg"> <BR><IMG SRC="http://www.goldbergcoins.net/liveauction/41jpegs/114254N2.jpg"> </P></IMAGES>