Home
Newsletter
About Us
Coins For Sale
Selling Your Coins
Rare Coin Archives
Coin Collecting
Investing in Coins
Coin Information
Coin Articles
/World Coins
Books, Loupes etc.
Link to Us
Links
Contact Us
   
  Search 
  Sign up for our free NewsLetter
  e-mail: 
  Sign Up 
 


 

 

 

 




June 13 , 2014

COIN OF THE WEEK

1830 QUARTER EAGLE $2.50 GOLD PCGS MS63
Click on Coin Image to enlarge

1847-O Half Eagle

Choice and Scarce 1830 $2.50 PCGS MS63 - $37,500.00

A rare type, low population Capped Head to left gold quarter eagle (only 10 MS-63 are showing in the PCGS census as of Friday the 13th 2014 not including resubmissions) and in a high grade, this coin has it all. This is the first use of this reverse die, which would strike all quarter eagles until the end of the series in 1834. This type is extremely rare, struck from 1829 to 1834. Minting qualities were gradually improving while the 19th century was settling in, and overall quality of life became better. Very small survival rate and in absolutely gorgeous condition.

Please contact me by email or telephone 1-800-624-1870 to reserve this great coin.

Coins were now struck in close collars, resulting in uniform diameters and better looking coins. Unfortunately, as mentioned above not many quarter eagles of this type survive to tell that story. Many were exported to foreign countries were they were melted heavily. The pieces that remained within the continental United States circulated among banks, and when damaged were subsequently melted as well. The few pieces that survived in as fine quality as this piece did so by pure chance.

Besides heavy circulation and melting, the mintages were already small to begin with. Gold depositors preferred the larger denominations, which were more convenient to handle and in the end resulted in larger profits. As a result, mintages of half eagles were much higher in this period, being the largest denomination being coined by the United States Mint at the time. While heavy attrition took its toll at that denomination as well, more pieces have survived and half eagle types are easier to acquire then any of the early quarter eagles.

The present piece is a wonderful mint state piece, booming with luster on both sides. It is completely original and rare as such, with most pieces being cleaned, dipped, damaged or a combination of it all. The fields on this coin are particularly clean, lacking the bagmarks often found on these soft gold coins. With the increasing demand of these coins for inclusion in type sets and investor portfolios the supply is every increasing and prices will soon be much higher than the current levels. Currently, this would be an excellent coin for investment, with high eye appeal.

Very Truly Yours,

Tom Pilitowski
www.usrarecoininvestments.com
Toll Free:
1-800-624-1870
Email: TomPilitowski@yahoo.com


US Rare Coin Investments © 2003 - 2015 U.S. Rare Coin Investments
TERMS  |  LEGAL  |  SITE MAP
 

Have a question? Contact us here

Have a friend who might be interested?
Inform them about us now!
Your E-mail: Your Name: Friend's E-mail: Friend's Name:
Send to a Friend