1807 $2.50 MS(PCGS#7656)

August 2011 Chicago ANA - Rarities Night

拍卖行

Stack's Bowers

批号

7601

等级

AU58

价格

156,100

详细说明

1807 Capped Bust Right Quarter Eagle. HBCC-3016, BD-1, the only known dies. Rarity-3. AU-58 (PCGS). CAC. The final issue in the Capped Bust Right quarter eagle series, the 1807 is also the most frequently encountered in numismatic circles. Apparently, the final year status of this issue contributed to a higher than normal rate of survival for a pre 1834 U.S. gold coin. Yet even so, most of the 6,812 coins originally struck were melted, probably during the 1820s and 1830s, and an extant population of only a few hundred pieces confirms the scarcity of this issue in an absolute sense.<br /> &nbsp;&nbsp;&nbsp;&nbsp;A very appealing near-Mint survivor, this piece comes down to us with even medium-gold color and a mostly lustrous, satin to softly frosted texture. Light friction to the obverse, soft striking detail in and around the central reverse and a light obverse graze before Liberty's profile are not unusual features for either the issue or the assigned grade. Otherwise free of individually distracting abrasions, with exceptionally strong eye appeal in an early quarter eagle of this type. Excellent type candidate!<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers<br /> </strong>Early quarter eagles from 1796 to 1807, each with the Heraldic Eagle reverse, form an interesting study in themselves. The series is compact, and the dies are significantly different from year to year and from variety to variety, in that they can be discerned without magnification. For type set purposes, the 1807 is <em>the </em>coin, being the most available, although on an absolute basis it can be called a rarity. The present piece is a nice example at the assigned grade level. <br /> <iframe src="http://www.youtube.com/embed/-zUQ3FmlMjE" frameborder="0" width="560" height="349"></iframe>