1862/1
$2.50 GOLD QUARTER EAGLE
PCGS MS64 CAC Click on Coin Image to
enlarge
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 1-941-291-2156
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."