SOLD - $2.50 - 1861-S PCGS AU55 CAC

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SOLD - $2.50 - 1861-S PCGS AU55 CAC

5,500.00

Date   1861-S
Grade    PCGS MS62 CAC
PCGS Price Guide    5750
Population (PCGS)    13/11
Population (NGC)    12/27
Population (CAC)    3/2
Serial Number    7795.55/30331141
PCGS Lookup Number    7795

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SCARCE PCGS/CAC 1861-S QUARTER EAGLE

The 1861-S is not as scarce overall as the 1862-S and 1863-S quarter eagles but it is an undervalued issue with fewer than 100 known in all grades. I am aware of just three Uncirculated 1861-S quarter eagles, the finest of which grades MS62+ at PCGS.

This is a textbook AU55 with considerable natural luster seen beneath nice natural yellow and orange-gold color which is "right" for the date; only a handful of 1861-S quarter eagles haven't been scrubbed. There is a touch of weakness on the eagle's neck as made but this is certainly one of the very best AU55 examples of this date which are currently available.

Only two PCGS AU55 1861-S quarter eagles have sold at auction since March 2010 and the last one, sold in May 2012 realized $4,600 and wasn't CAC approved.

In my opinion, this is among the best values in the HandH collection.

CAC has approved three in this grade with two finer (both AU58).

From the HandH Collection.