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

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Jaobler's Avatar
United States
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 Posted 10/28/2019  8:43 pm Show Profile   Bookmark this topic Add Jaobler to your friends list Get a Link to this Message Number of Subscribers
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?

Another-New-Purchase:--Low-Mintage-1867-Gold-Quarter-Eagle
Another-New-Purchase:--Low-Mintage-1867-Gold-Quarter-Eagle
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Coinfrog's Avatar
United States
94367 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
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sel_69l's Avatar
Australia
21788 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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panzaldi's Avatar
United States
18681 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
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CoinCollector2012's Avatar
United States
8137 Posts
 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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Jaobler's Avatar
United States
6390 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:

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

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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Slider23's Avatar
United States
4469 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
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 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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fortcollins's Avatar
United States
3657 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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IndianGoldEagle's Avatar
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 Posted 06/06/2022  9:07 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
EF seems pretty generous.
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panzaldi's Avatar
United States
18681 Posts
 Posted 06/07/2022  06:58 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
I'm old but I still have my sight. I cant see one glimmer of this coin being in a casing. the only thing I can think of is that we cant see the side of the coin. I agree XF is a little much for this one.
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BH1964's Avatar
United States
10982 Posts
 Posted 06/07/2022  07:03 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
You might not be missing anything. PCGS' gave an opinion. Feel free to disagree. They might be wrong, particularly if the reeding is fine as you say.
ANA #R3154474
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sel_69l's Avatar
Australia
21788 Posts
 Posted 06/07/2022  8:29 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I disagree with the slab grading of 'XF'.
I would like to know why the comment of 'Ex-Jewelry'.

I note that owner's comments in this thread all agree with all of our comments.
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panzaldi's Avatar
United States
18681 Posts
 Posted 06/08/2022  10:20 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
Jaobler, if you can see the side of the coin take a close at it. if there is no indication it might be a candidate for a resub. could it come back as a VF? just me but i'd rather have it slabbed at lets say VF35 or even 30 straight than an XF details.
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