Lot 1354
1847 $2.50 Liberty. NGC graded MS-60. Mostly untoned with nice luster and bold relief typical of the well-made P-mint releases of the 1840s. 29,814 minted. Pop 5; 15 finer; 4 in 61; 8 in 62; 3 in 63. (PCGS # 7744) .
The Coronet (Guide Book preference) or Liberty Head or Braided Hair style, by Christian Gobrecht, appeared on the quarter eagle in 1840 and was continued uninterruptedly through 1907, the longest span in American coinage history of a design in use without major change or alterations. The motif was a latecomer to the quarter eagle denomination, a related motif had been used on the $5 beginning in 1839 and the $10 in 1838.
The obverse depicts Miss Liberty, her hair in a bun secured with a string of beads, wearing a coronet inscribed LIBERTY, facing left, her head circled by stars, and with the date below.
The reverse depicts an eagle with a shield on its breast, perched on an olive branch and holding three arrows. The inscription UNITED STATES OF AMERICA, 2 1/2 D. surrounds. The diameter was further reduced from the larger 1821-34 With Motto series and was set at 18mm.
Estimated Value $2,400 - 2,500.
Ex: Bass Collection.
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| Realized $2,185 |
