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 
 


 

 

 

 




August 29, 2014

COIN OF THE WEEK

1862/1 $2.50 GOLD QUARTER EAGLE
PCGS MS64 CAC

Click on Coin Image to enlarge

1862/1 $2.50 Gold Quarter Eagle

Finest Known 1862/1 Liberty $2.50 Gold Quarter Eagle
PCGS MS64 CAC
- $69,500.00

Incredible quality and absolutely delectable 1862/1 Civil War quarter eagle gold overdate, finest graded MS64 by the Professional Coin Grading Service, (PCGS) this coin features wildly lustrous gold surfaces and sharp, better than average surfaces and originality as evidenced by this coins green approval sticker from Collectors Acceptance Corp ( CAC ) and is one of only 2 coins in all grades that have received such approval with the other example being a lesser grade making this the finest known CAC example of this rare civil war gold.

This incredible specimen is also the finest graded at PCGS making this a clear finest known example at PCGS. If you are assembling a "box of twenty" investment coins, this 1862/1 would make a great foundational cornerstone rarity. If you are investing in rare coins this rare overdate civil war gold holds great promise for the future as a solid blue chip Civil War rarity.

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

This lustrous example of a fantastic Civil War era Quarter Eagle features the 1862/1 overdate, which can be plainly identified under low magnification. It is possible that the U.S Mint’s frugality during the Civil War affected the Mint Die Shop, thus accounting for the overdate. The silver three cent series is also affected with the 1862/1 overdate. In Walter Breen’s 1988 “Complete Encyclopedia of U.S and Colonial Coins,” Breen explains that “Possibly 12 known, none Uncirculated.”

More examples of the overdate have come to light in the ensuing 22 years, but the quantity that is now thought to exist is less than 50 examples, making it a true rarity. Famed Numismatist, Aubrey E. Beebe of Omaha , Nebraska is credited with the discovery of the 1862/1 overdate. Beebe, who during his career bought, sold and owned most of the major U.S coin rarities, gained much publicity from the discovery and the story was published in the January 1963, Numismatic Scrapbook Magazine as well as the January 7,1963 issue of Numismatic News. As is often the case when a remarkable find is announced, the news coverage prompted just about any reader who had an 1862 quarter eagle to take a closer look to see if it was a prized overdate. Approximately 100,000 1862 quarter eagles exist, but the overdate accounts for less than 50 of them.

The design of the Liberty Quarter Eagle is accredited to legendary coin designer Christian Gobrecht. First minted in 1840, the obverse of the Liberty Quarter Eagle features the bust of Miss Liberty wearing a coronet inscribed with "Liberty", facing to the left. She is also surrounded by thirteen stars. The reverse design features a bald eagle in flight clutching an olive branch and arrows. It has a shield emblazoned on its chest and is surrounded by "The United States Of America."

 

----------------------------------------------------------

NEW COINS ADDED - (The week of 8/29/2014)

1935 Hudson 50C PCGS MS67

1851-O $20 Gold NGC AU53

1852 $20 Gold NGC MS62

1852 $20 SS Republic NGC MS62

1854/1854 $20 Gold NGC AU58

1859-S $20 Gold PCGS AU58

1859-S $20 Gold NGC AU58

1803 $10 Small Stars Reverse NGC MS63

1861-S $20 Gold NGC XF45. Paquet

1860-S $20 Gold NGC AU53

1860-S $20 Gold NGC XF40

1861 $20 Gold NGC AU55

1861 $20 Gold PCGS AU50

1861 $20 Gold PCGS AU53

1861 $20 Republic NGC AU55

1861 $20 Republic NGC MS61

1854-C Liberty $2.50 PCGS MS62

1856-C Liberty $2.50 NGC MS63

1897 Liberty $2.50 PCGS MS68 CAC

1896 Liberty $2.50 PCGS Proof 65 DCAM CAC

1910 Indian $2.50 NGC PF66

1914 $2.50 Indian NGC PF67

1806 $5 NGC MS64

1809/8 $5 Gold NGC MS63+

1809/8 $5 Gold, Large Bust, NGC MS63

1811 $5 Gold NGC MS64. Tall 5

1854-C $5 Gold NGC MS63

1857-C $5 Gold PCGS MS63

1860-C $5 Gold NGC MS63

 

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