Lot 2112
1807 $2.50 Capped Bust. NGC graded MS-61. In NGC holder 1826604-002. Mostly well struck. Lustrous and untoned. One of the rare Mint State 1807 quarter eagles, few graded of the entire date. Precious few were coined nearly 200 years ago, which is why collectors often fail to find these in any condition today. To locate a fresh Mint State 61 example is something extraordinary. This one can be identified by a mark at the L in LIBERTY and a thin line from the base of the 7 in the date to the curve of the bust. Fully struck on the stars and Liberty, with bold curls, similar on the reverse which shows all the stars strong except for a single star behind the eagle's head, which is weak. Minor hairlines from handling, some adjustment marks through the shield, and a couple of stray marks too, such as one between O and F, but nothing distracting. Great luster and a rarity in any Uncirculated grade. Pop 27; 20 in 62; 3 in 63. (PCGS # 7656) .
Struck at the time of President Jefferson's second term in office, Jefferson's library of approximately 6,000 books became the basis of the Library of Congress. His books were purchased from him for $23,950.
Estimated Value $19,000 - 20,000.
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| Realized $26,450 |
