Lot 888
1808 $2.50 Capped Bust. NGC graded AU-55. Only 2,710 minted. One year type coin. Nice untoned example. Pop 5; 31 finer, many repeats. Tiny planchet flaw near the right obv. stars. For the date, a frosty, satiny pale golden specimen that is just shy of Mint quality and boasts luster on both sides. Attractively struck as well, with some softness at the first two stars on the left, all 6 stars on the right, and a portion of the eagle's body.
Designed by John Reich (whose secret "signature" of a chip out of one point of star 13 shows clearly). Only 2,710 1808 Quarter Eagles were struck. Had this been, say, a Half Eagle of 1808, nobody would single it out from the others as an extreme rarity; however, because it is a Quarter Eagle is boasts being a one-year design. More to the point is this particular coin's lofty state of preservation: About Uncirculated 55. According to gold researchers there have been only few appearances of specimens of comparable quality (PCGS # 7660) .
Estimated Value $90,000 - 100,000.
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| Realized $115,000 |
