LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2847

1860 $2 1/2 Clark, Gruber & Co. Quarter Eagle

Currency:USD Category:Coins & Paper Money / US Coins Start Price:20,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1860 $2 1/2 Clark, Gruber & Co. Quarter Eagle
<B>1860 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS63 NGC.</B></I> K-1, R.4. A regal specimen of this elusive issue, with delicate coppery-gold hues around the periphery, while the centers remain bright gold. The engraver manually punched the devices into the opposing dies, so very few are found fully struck. On this particular coin, the curls on Liberty are decent, but around her ear the usual softness is present. Most of the stars are crisp although the fifth and sixth stars lack the central radial lines. Turning to the reverse, the eagle's neck, right wing and top left of the shield are poorly defined, while the balance of the reverse is sharp. Identifiable by a small nick on the obverse rim past the eighth star. In terms of scarcity, this is a conditionally rare item, with a total of 9 examples graded at MS63 by NGC and PCGS combined, and just three coins graded finer (all three by NGC), as of (1/08).<BR> From nearly perfect dies, a faint die crack is noted through GOLD. The initial Clark, Gruber & Co. gold pieces bore Federal-inspired designs, with the famous exception of the 'volcanic' Pike's Peak on the ten and twenty dollar denominations. Listed on page 366 of the 2008 <I>Guide Book. </B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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