1831 $2.50 MS(PCGS#7671)

August 2021 ANA U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4170

等级

MS65

价格

738,542

详细说明

Highly Significant Gem Mint State 1831 Quarter Eagle Impressive Condition Rarity 1831 Capped Head Left Quarter Eagle. BD-1, the only known dies. Rarity-4. MS-65 (PCGS). An elusive issue at all levels of preservation, seldom does the 1831 quarter eagle appear with the quality and eye appeal offered here. Semi-prooflike in finish, modest hints of reflectivity in the fields combine with an otherwise satiny finish from the dies. The color is outstanding with wisps of reddish-gold blended with dominant deep golden-orange. The strike is otherwise full, softness confined to the junction of the eagle's right wing and shield where a few faint planchet roller marks (as made) remain. Free of grade-limiting blemishes with extraordinary quality and eye appeal, discerning gold enthusiasts would be wise to take full advantage of this fleeting bidding opportunity. One of the most challenging series to collect in all of U.S. numismatics, the Capped Head Left quarter eagle of 1821 to 1834 actually comprises two distinct types. The Reduced Diameter issues of 1829 to 1834 were struck in a close collar, whereas their predecessors of 1821 to 1827 were not. William Kneass prepared the dies for the Reduced Diameter issues, incorporating a number of modifications to accommodate the close collar. All dates of this type are rare, the mintages limited due to the fact that the half eagle was the denomination of choice among contemporary gold bullion depositors. Even more relevant to rarity of this type is that most examples were melted after the Act of June 28, 1834 (effective date: July 1, 1834) reduced the weight of the quarter eagle from 4.37 grams to 4.18 grams. The 1831, of which only 4,520 circulation strikes were produced, has an extant population of fewer than 150 coins in all grades, perhaps no more than 125 pieces. This Condition Census Gem will surely find a new home in an advanced cabinet with no difficulty. Provenance: From the Castle Pines Collection. PCGS Population: 4; 4 finer in all categories (MS-67 finest). PCGS# 7671. NGC ID: BFWA. Click here for certification details from PCGS. Click here to see Coins in Motion.[“Coins]