Description: 1861-S $2 1/2 Liberty Head Gold Quarter EaglePCGS graded AU55, NFC secure Mintage 24,000PCGS/NGC graded population of 218, including resubmissions. PCGS's CoinFacts suggests that 85 survive in all grades Garrett and Guth state in their "Encyclopedia of U.S. Gold Coins 1795-1933", "The 1861-S quarter eagle is another issue with a moderately low mintage that was heavily circulated and has few survivors. This date is usually seen heavily worn and becomes increasingly rare in higher grades... The 1861-S quarter eagle does not garner much attention, but can be extremely difficult to locate in any grade." "Walter Breen's Complete Encyclopedia of U.S. And Colonial Coins" asserts, "'Type 1' rev. Very scarce. One obv. shipped Nov. 1860, one June 1861: leftover revs. from 1856. Much rarer in all grades than mintage figure suggests; usually weak VF, Ex. rare in EF, unknown UNC." Since his book was published in 1988, as many as 11 uncirculated coins may exist although PCGS suggests only 4 in MS60 and above. I have found 3 distinct reverse dies were used, identified by the location of the mint mark. The first (55% of population) has the mint mark slanted right with the lower serif of the S almost touching the fraction bar (see PCGS website MS62+ s/n 25577142 photo). The second (37% of population) is more upright and positioned above the upper serif of the D (see PCGS website MS62 s/n 43041231 photos). The third has the mint mark positioned left between the 1 in the fraction and the tip of the fraction bar (see NGC website s/n 3516516-010 AU55). This third variety appears to be the rarest of the three (8% of population) and the NGC photo the best photo I could find - sorry. This coin has the upright mint mark above the D upper serif (the second variety). There is also a contact mark (point) between stars 7 and 8. Pedigree: Maurice Storck Collection (2020) Will ship via USPS Priority Mail, Registered and Insured. Delivery will vary depending on location, 2-9 days.
Price: 8910 USD
Location: Albuquerque, New Mexico
End Time: 2024-11-02T16:10:08.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Circulated/Uncirculated: Circulated
Denomination: $2.50
Composition: Gold
Year: 1861
Certification Number: 39425905
Strike Type: Business
Grade: AU 55
Mint Location: San Francisco
Time Period Manufactured: Pre-1933
Country/Region of Manufacture: United States
Certification: PCGS