Lot 1260
1862. NGC graded MS-61. Only 98,508 minted. Well struck, lustrous, and frosty throughout. A boldly original specimen whose mintage declined drastically after the huge 1861 production associated with the panicked opening of the American Civil War. Hoarding of gold and silver began almost immediately. Many of Quarter Eagles were exported. Survivors, as the census indicates, is relatively low for 1862: Pop 35; 20 finer, 14 in 62, 2 in 63, 4 in 64 (PCGS # 7796) .
Estimated Value $3,500 - 4,000.
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