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

3390

1807 $2 1/2 MS61 PCGS. Breen-6124, BD-1, R.3. In the u

Currency:USD Category:Coins & Paper Money / US Coins Start Price:28,000.00 USD Estimated At:1.00 - 2.00 USD
1807 $2 1/2 MS61 PCGS. Breen-6124, BD-1, R.3. In the u
<B>1807 $2 1/2 MS61 PCGS.</B></I> Breen-6124, BD-1, R.3. In the ultra-challenging Capped Bust Right series of the quarter eagles, the final year 1807 is the date that is most often available to collectors for type purposes. It seems that from the beginning the quarter eagle denomination has played second fiddle to its larger half eagle counterpart. The mintage of this issue, a tiny 6,812 pieces, is nevertheless more than double the production of its closest competitor in the series. In addition to the already low mintage, many of the gold coins struck during this period succumbed to the mass meltings of the pre-1834 period. Only decades later when greater gold reserves were discovered in the hills of northern Georgia, gold content was reduced, and Federal legislation eased the pressure on the price of gold did production increase and gold coinage begin to circulate freely.<BR> The typical Mint State 1807 quarter eagle is ill-defined in the centers and hampered by numerous adjustment marks. This attractive representative boasts a pleasing mixture of green-gold alloy and reddish patina. The strike is considerably above-average for the issue and, while certainly present, adjustment marks are almost exclusively confined to the center of the reverse. Overall, we could hardly imagine a more desirable representative at such a modest Mint State grade level and, as such, an ideal Capped Bust Right type candidate. Population: 6 in 61, 20 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>)
Sign In to Bookmark Lot