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Lot 3201

Image Information

Type Coin
Title Lot 3201
Date 1834
Side reverse
Grade 63
Service NGC
Service Catalog # 7692
Denomination $2 1/2
Description 1834 $2 1/2 MS63 NGC. CAC. Breen-6140, Variety 2, R.3. A reduction in the weight and fineness of gold in the new Classic Head design was just over 6%, enough to make the quarter eagle viable again based on the then-current price of gold. Accordingly, the Mint struck 112,234 pieces in 1834 -- by far, the largest production of any quarter eagle since the denomination was introduced, and far exceeding the total quarter eagle production of all dates combined since 1796. The new design no longer included the E PLURIBUS UNUM motto on the reverse. This Select Uncirculated example displays semiprooflike surfaces with an appealing olive-gold patina. The fields and devices show only a few non-distracting abrasions and a nearly full strike. Ex: Eric P. Newman Numismatic Education Society. Realized $8812.50. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part V
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