Lot 1340
1802/1 $2.50 Capped Bust. NGC graded MS-63. In NGC holder 1951305-017. Rarity 4, still the most "common" variety for the year. A lustrous untoned example with lovely clean surfaces and just a touch of softness in the centers as made. One of a pair of very choice Mint State 1802 quarter eagles in this sale, the coin is nicely enveloped in frosty luster. Both sides are problem free, we might add. Depositors of gold bullion in those days preferred the half eagle over the quarter eagle as being more in line with similar-sized European gold coins, and few coins of the quarter eagle denomination were issued between 1796 and 1807, hence their extremely low mintage figures. The 1802 was for many years considered to be a 2-over-1 overdate, but recent study has changed this opinion. Surprisingly choice and well detailed, and one that is on the high side for the MS63 grade. Only 3,035 pieces struck and an ideal example for a type set. Pop 15; 5 finer with 3 in 64, 2 in 65 (PCGS # 7650) .
Estimated Value $45,000 - 50,000.
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| Realized $40,250 |
