1807 $2.50 PCGS EF45 CAC

BD-1, R-3. The 1807 is the most available early quarter eagle with an estimated 250-300 known to exist in all grades from the original mintage of 6,812. It is usually seen in the AU50 to MS62 range which makes it a date (and a type) that is priced out of the range of many collectors. In problem-free EF45, the 1807 is seen even less frequently than its low population figures would suggest (can you say "regrades??") and this is verifiable by the fact that no PCGS EF45 has sold at auction since Heritage 2/03: 8094. This example has warm sunset gold color at the borders which frames green-gold centers; a dab of reddish color can be seen at the central reverse. For the grade, there is a good amount of luster and the surfaces are free of severe abrasions, adjustment marks or imperfections. I think this coin is much closer to AU50 than EF45 (I tried a number of times to upgrade it) and you would be hard-pressed to find another Capped Bust Right quarter eagle in this grade and price range with as much eye appeal as this piece.