LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

3385

1802/1 $2 1/2 MS63 NGC. Breen-6118, BD-1, R.4. The top

Currency:USD Category:Coins & Paper Money / US Coins Start Price:4,250.00 USD Estimated At:1.00 - 2.00 USD
1802/1 $2 1/2 MS63 NGC. Breen-6118, BD-1, R.4. The top
<B>1802/1 $2 1/2 MS63 NGC.</B></I> Breen-6118, BD-1, R.4. The top of the 1 in the date is about level with the lowest hair curl, and the small so-called "overdate" 2 is evenly spaced between the bust and the dentils. On the reverse the left serif of the T in UNITED is recut, and a short metal spike runs from the left (facing) shield corner to the eagle's left wing. The I in AMERICA touches a leaf, and the last A in AMERICA is closer to the claw than to the leaf.<BR> This quarter eagle issue is commonly and traditionally called an overdate, although most numismatists have concluded that a defective digit punch is the source of the anomalous 2 in the date. This terminology is, at least in part, likely due to the existence of the true (and obvious) overdate 1802/1 half eagle. The obverse of this variety was married successively with three different reverses, producing the BD-1 through BD-3 varieties. The reverse was also used to strike the 1802 JR-3 dime, which also shows the shield spike quite strongly.<BR> This Select Mint State specimen offers good luster, with alternating areas of green-gold and apricot-gold on each side, an unusual but captivating effect. As on the dimes produced with this reverse, the motto is somewhat (but not notably) weak, and the eagle's neck feathers are essentially nonexistent. Although no clash marks are visible on the obverse, the reverse appears to be early Reverse State c as outlined in the Bass-Dannreuther <I>Early U.S. Gold Coin Varieties.</B></I> The "die line" or "graver's mark" is visible from the second wing feather to the A in AMERICA, and the early stage of a die crack shows from the rim to the last A in AMERICA, although not yet invading the curve of the C. Light adjustment marks are seen on the obverse rim from 8 to 9:30, but this piece is a nonetheless desirable and collectible example of early American gold. Census: 14 in 63, 5 finer (12/06).<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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