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Another New Purchase: Low-Mintage 1867 Gold Quarter-Eagle

 
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Author Previous TopicReplies: 8 / Views: 736Next Topic  
Pillar of the Community
United States
5840 Posts
 Posted 10/28/2019  8:43 pm Show Profile   Bookmark this topic Add Jaobler to your friends list Get a Link to this Message
One dealer at the Fresno show had quite a few assorted, raw quarter eagles. I decided to go for this scarce date piece. What grade do you think it deserves?


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United States
67600 Posts
 Posted 10/28/2019  8:57 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Not a lot of experience here, but I'll say VF-25.
Edited by Coinfrog
10/28/2019 8:58 pm
Bedrock of the Community
Australia
19563 Posts
 Posted 10/29/2019  04:17 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
In that condition,
I guess that it is a good way of getting a low mintage gold coin at a reasonable price.

Seems a bit rough around the date area.
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United States
11901 Posts
 Posted 10/29/2019  11:45 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
VF30
Pillar of the Community
United States
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 Posted 10/29/2019  5:30 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
VF-25
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United States
5840 Posts
 Posted 05/13/2022  10:27 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I decided to send this coin for PCGS grading. With an original mintage of 3200 and an estimated total surviving population of just 50 pieces (per Coinfacts) it seemed like a good idea to have it certified. I was expecting a low but problem-free grade, perhaps VF-30. The result:



Reeding is perfect on this coin and I see no sign of mounting or any damage from a bezel. Jewelry pieces often show numerous pockmarks or else are obviously polished; this coin does not show these defects either.

What am I not seeing?
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United States
3529 Posts
 Posted 05/13/2022  10:52 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Is there a possible repair behind Liberty's neck in the field?
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United States
921 Posts
 Posted 05/14/2022  04:33 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
I'm not seeing it either?
Something going on with the reeding...?
smat
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United States
2706 Posts
 Posted 05/14/2022  10:45 am  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
The pitting and lighter coloring in the protected areas catches my eye. Maybe enameled or color plated? That was fairly common in the 19th Century.

EDIT: I forgot to say, that's a really decent coin. I glanced at my old sales records, and I never handled an 1867 Quarter Eagle.
Edited by fortcollins
05/14/2022 10:47 am
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