Lot 1676
1830. NCS graded AU Details, Tooled. Only 4,540 pieces struck. An untoned example. Housed in an NCS holder. Quarter Eagles were struck in dribs and drabs before the Coinage Act of 1834 which, for a short while, stabilized the flow of gold and silver coins from the US mints. Add to this the fact that depositors were the ones who requested various denominations. Coins were minted on demand. And the demand in the 19th century was for Half Eagles. These were similar in size to many European and South American standard issue gold pieces. The Half Eagles had to compete with others in their class, whereas the poor, forgotten Quarter Eagle languished (much to the delight of today's coin buyer, who always accepts a challenge to locate rarities.) (PCGS # 7670) .
Estimated Value $4,000 - 4,500.
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| Realized $4,994 |
