1824/1 $2.50 JD-1 PR67 PCGS
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1824/1 $2 1/2 BD-1, R.5, JD-1, R.8 as a Proof, PR67 PCGS. Ex: Harry W. Bass, Jr. Collection. Bass-Dannreuther Die State a/a, no clashing, no lapping, no cracks. The 1824/1 Capped Head Left quarter eagle is a popular Guide Book variety and an elusive issue, even in business-strike format. Proof examples are virtually unobtainable as only two specimens have been confirmed, and one of those is included in the National Numismatic Collection at the Smithsonian Institution, forever out of reach of eager collectors. Heritage Auctions is privileged to offer this magnificent Superb Gem proof from the legendary Harry Bass Core Collection, the only proof example certified by either of the leading grading services, in this important offering. The 1824/1 Capped Head Left Quarter Eagle The Philadelphia Mint struck a small production of 2,600 Capped Head Left quarter eagles in 1824, with a single die variety known for the date. Manufacturing new dies for coinage was both expensive and labor-intensive in those early days, and the Mint was reluctant to expend its resources on making new quarter eagle dies for such a small mintage. Accordingly, Mint technicians carefully overdated a leftover, unused quarter eagle die from 1821 to serve as the obverse of the 1824 issue (no quarter eagles were struck in 1822 or 1823). Similarly, the reverse die used on the small mintage of 1821 quarter eagles was pressed into service again to strike the coins in 1824 (this hardy reverse die was used again to strike the BD-1 and BD-2 quarter eagle varieties of 1825). Why any quarter eagles were struck in 1824 is something of a mystery, as there was little commercial demand for the denomination in the national economy of the time. The face value of the quarter eagle was too large to be useful in most day-to-day transactions, but too small to be used to settle large accounts in foreign trade. In his Guide Book of Quarter Eagle Gold Coins, Q. David Bowers speculates that Congressional ...
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Collectors CornerSM coin information: (data courtesy of PCGS.com *)
| PCGS Coin #: |
106203 |
| PCGS Coin Description: |
1824/1 $2.50 JD-1 |
| Mintage: |
4 |
| Grade: |
PR67 |
| Auction Prices Realized: * |
Auction Prices Realized
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| Additional resources: |
PCGS CoinFacts
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PCGS Set Registry:
 Learn more about Set Registry
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No composite sets currently defined for this coin.
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*
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PCGS Population [View];
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Auction Prices Realized [View].
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