SOLD - $2.50 - 1861 New Reverse PCGS MS66 CAC, OGH

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SOLD - $2.50 - 1861 New Reverse PCGS MS66 CAC, OGH

8,500.00

Date   1861 New Reverse
Grade    PCGS MS66
PCGS Price Guide    9250
Population (PCGS)    12/1
Population (NGC)    4/0
Population (CAC)    3/0
Serial Number    7794.66/3264162
PCGS Lookup Number    7794

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BEAUTIFUL GEM 1861 NEW REVERSE QUARTER EAGLE, PCGS MS66 WITH CAC APPROVAL

New Reverse; not designated by PCGS. Housed in an old green label holder.

More than 1,200,000 quarter eagles dated 1861 were struck and this is the most available Civil War quarter eagle by a huge margin. Gems are rarer than one might imagine and this is especially true once you get into the lofty MS66 range. Only one finer has been graded at PCGS (an MS67) and this is the single best 1861 New Reverse quarter eagle I have handled.

This dynamic Gem example literally "glows" in its holder and its immaculate surfaces are kissed by attractive medium orange-gold hues. The strike is as sharp as a business strike of this design could be and were it not for a few tiny luster grazes at the upper left reverse this coin could very well grade MS66+.

The last auction record for a PCGS/CAC example of this variety in MS66 sold for $9,400 as Heritage 2/15: 3243. Only three PCGS MS66's in total have crossed the block since 2005.

Here's a coin that deserves its place in a world-class Civil War gold set but is more likely to be bought as either a type coin or an essentially unimprovable example of this popular date.

CAC has approved three in this grade with none finer.

Ex HandH Collection.