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***Auction Highlight*** 1808 BD-1 Gold Capped Bust Quarter Eagle $2 1/2 Graded au50 By SEGS (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:70,000.00 - 140,000.00 USD
***Auction Highlight*** 1808 BD-1 Gold Capped Bust Quarter Eagle $2 1/2 Graded au50 By SEGS (fc)
***Auction Highlight*** 1808 BD-1 Gold Capped Bust Quarter Eagle $2 1/2 Graded au50 By SEGS. Up for auction is a 1808 Capped Bust $2 ½ Gold Quarter Eagle BD-1 Variety au50 SEGS. The present 1808 quarter eagle was a rare coin on the day it was struck, and one that continues to be in ceaseless demand both as a popular one-year type coin and a rare date. A single delivery struck from a single set of dies, 2,710 quarter eagles dated 1808, were shipped to the Mint cashier on February 26 of that year. They would be the last quarter eagles struck until 1821, the only ones coined from dies created by John Reich's hands, and the only Capped Bust Left pieces for the denomination. Today's survivors, estimated at 150 pieces total by John Dannreuther in his Early U.S. Gold Coin Varieties with 125 discrete examples known, are the keys to the 19th century type set, and as such, they have been popular almost since the beginning of organized coin collecting in this country. Most survivors fall in the VF to XF range, with AU and above coins being extremely rare. The present lustrous specimen has a strike that is uniformly weak at the (non-existent) rims, as always seen, with most stars showing no center details and reverse weakness on the eagle's wingtips. The color is superior, a consistent, original honey-gold that mellows to a slight copper tinge on the reverse. Marks are minor and grade-consistent, the most obvious being a tiny dig noted with a glass between the cap and rim. The overall eye appeal remains strong. An excellent piece that is sure to please the purchaser. We have included three other au50 examples for your comparison. Please note the uniformly weak wing tips and lack of rim definition on all examples, including ours.Personally I think they undergraduate the coin, as I think an au53 would have been more appropriate. I think in your review of the other au50 examples you will agree. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation