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1856 $2-1/2 DOLLARS
OR QUARTER EAGLE

PCGS Nos: 7777, 7882

Mintage:

Circulation strikes: 384,240
Proofs: estimated 5

Designer: Christian Gobrecht

Diameter: 18 millimeters

Metal content:
Gold - 90%
Other - 10%

Weight: 64.5 grains (4.18 grams)

Edge: Reeded

Mintmark: None (for Philadelphia, Pennsylvania) below the eagle on the reverse

Notes:
The finest Uncirculated example graded by PCGS is a single MS-67.

The finest Proof examples graded by PCGS are 2 PR-65's.

The finest Proof Cameo example graded by PCGS is a single PR-65.

Significant examples:
PCGS Proof-65.  Ex - Joseph C. Mitchelson, March 1908 - John H. Clapp - via Stack's in 1942 - Louis Eliasberg, Sr. - Bowers & Ruddy sale, October 1982 - Trompeter - Bowers and Merena Galleries "The Rarities Sale", July 31, 2002, Lot 724, illustrated, sold for $66,700.00.  This may be from the 1904 sale of the Mills collections, conducted by the Chapman brothers

PCGS MS-67.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part III", May 21, 2001, Lot 178, illustrated, not sold

Recent appearances:
PCGS MS-65.  Ex - Bowers & Merena Galleries' "The Lake Geneva Sale", June 28-29, 2001, Lot 1208, illustrated, sold for $4,370.00

MS-64.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 193, illustrated, sold for $3,450.00  From the Bowers & Merena sale of the Fairfield Collection, October 1977, Lot 1549

NGC MS-62.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1262, illustrated, sold for $483.00

PCGS AU-58.  Ex - Superior Galleries "Pre-Long Beach" Elite Coin Auction, May 25- 27, Lot 3588, sold for $19,550.00

Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins" by Walter Breen

"The PCGS Population Report, April 2003" by The Professional Coin Grading Service

 

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