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March 05 , 2015

COIN OF THE WEEK

Very Rare 1824/1 Capped Bust $2.50 NGC MS62 - $52,500.00
Click on Coin Image to enlarge


1824/1 Quarter Eagle, 1824/1 Capped Bust $2.50 NGC MS62. Of great rarity and importance, this Mint-State Capped Head quarter eagle is among the finest known of the date. The obverse was overdated from a leftover 1821 die, which was the last year this denomination had previously been struck. The reverse die was previously used to strike all 1821 quarter eagles, but did not show any signs of use yet.

The total number of survivors of this issue has been estimated to be between 50 and 60 pieces in all grades. Most are in circulated grades, or were mistreated during the last 185 years, showing damage and signs of cleaning. Truly uncirculated examples, such as the present piece, are incredibly rare. Both PCGS and NGC have graded only a handful pieces finer, scarcely available to collectors.

The present piece is boldly struck, with all details on both sides being virtually complete. All radial stars in the stars are visible, and the under digit of the 4 is clearly visible as well, indicating that this is an early die state. Wholesome and totally original.

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


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ADDITION NEW COINS ADDED - (Week of 3/05/2015)

 

Very Truly Yours,

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


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