||1861 $2 1/2 New Reverse, Type 2 MS62 NGC. CAC. Ex: "Col." E.H.R. Green. The huge pre-war mintage of more than 1.2 million pieces, combined with high collector interest in the 1861 date, make this Philadelphia issue a favorite for type. Both the Old Reverse hub die (Type One) and the New Reverse hub (Type Two, with smaller reverse letters and arrowheads) were used in 1861 quarter eagle production, with the New Reverse much more available than the Old Reverse. The only mentionable abrasion is a minor grouping of marks beneath stars 7 and 8 --otherwise, the surfaces are undisturbed. Soft luster glows through the mint frost of this boldly struck, conservatively graded example. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $10.00; Eric P. Newman Numismatic Education Society.
Realized $1175.00. Description courtesy of Heritage Auctions.