SOLD - $2.50 - 1831 PCGS AU55
SOLD - $2.50 - 1831 PCGS AU55
Date 1831
Grade PCGS AU55
PCGS Price Guide 17000
Population (PCGS) 10/38
Population (NGC) 4/49
Serial Number 7671.55/82999729
PCGS Lookup Number 7671
RARE 1831 QUARTER EAGLE, PCGS AU55
BD-1, R-4.
The short-lived Capped Head Left quarter eagle type contains just six issues, all of which are scarce, low mintage dates. The 1831 has an estimated 100-125 survivors from an original mintage of 4,520. When available in AU grades, the typical piece is scrubbed and unappealing.
This fresh-to-the-market example is lightly worn and very original with nice color. The obverse is choice with rich natural golden color deepening at the border; the reverse shows a mark (mint-made?) located the second U in PLURIBUS.
An under-graded PCGS AU55 1831 quarter eagle sold for a strong $21,150 as Heritage 9/16: 13937. The next most recent sale for a properly graded PCGS AU55is March 2014 when Heritage auctioned an example for $16,450. Only one other PCGS AU55 has sols at auction since late 2004.
This is an ideal type coin for the collector seeking a really nice circulated Capped Head Left quarter eagle.
