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1861 $2.50 New and Old
HandH
Posts: 438 ✭✭✭
The 1861 quarter eagle was minted with two varieties: the Old Reverse (scarce) and the New Reverse (common). A modified reverse design (with smaller letters and arrowheads)was used on Philadelphia quarter Eagles from 1859 through 1907. A few Philadelphia Mint pieces were made in 1859, 1860 and 1861 using the Old Reverse design. With a mintage of 1,283,788 for both varieties there are an estimated 2000 survivors of the New Reverse and 100 survivors of the Old Reverse.
OLD REVERSE (TYPE I)
The finest graded Old Reverse is a MS 66. The numismatic rarity is R-8.0 for all grades, R-9.1 for MS, and R-9.8 for gem or better. This issue is generally well made. This HandH example, graded MS 62 CAC, has gold and peach tones with an overall sharp strike, although a tad soft on both obverse and reverse with clash marks. Ex HA 1/14:6452. PCGS pop 8 in 62 with 12 finer. CAC has certified 2 in this grade with 5 finer.
NEW REVERSE (TYPE II)
The finest graded New Reverse is a single MS 67 by PCGS. There are about one dozen graded MS 66 by the major TPG's. The numismatic rarity is R-4.6 in all grades, R-5.2 in MS and R-8.7 in gem or better. This HandH example, graded PCGS MS 66 CAC, has blazing yellow gold color and vibrant mint luster obverse and reverse. PCGS pop 11 in MS 66 with 1 finer. CAC has certified 2 in MS 66 with none finer.
Just having fun practicing for my retirement career in another 30 stinking years.
OLD REVERSE (TYPE I)
The finest graded Old Reverse is a MS 66. The numismatic rarity is R-8.0 for all grades, R-9.1 for MS, and R-9.8 for gem or better. This issue is generally well made. This HandH example, graded MS 62 CAC, has gold and peach tones with an overall sharp strike, although a tad soft on both obverse and reverse with clash marks. Ex HA 1/14:6452. PCGS pop 8 in 62 with 12 finer. CAC has certified 2 in this grade with 5 finer.
NEW REVERSE (TYPE II)
The finest graded New Reverse is a single MS 67 by PCGS. There are about one dozen graded MS 66 by the major TPG's. The numismatic rarity is R-4.6 in all grades, R-5.2 in MS and R-8.7 in gem or better. This HandH example, graded PCGS MS 66 CAC, has blazing yellow gold color and vibrant mint luster obverse and reverse. PCGS pop 11 in MS 66 with 1 finer. CAC has certified 2 in MS 66 with none finer.
Just having fun practicing for my retirement career in another 30 stinking years.
US Civil War coinage
Historical Medals
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My 1861 examples.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
US Civil War coinage
Historical Medals
Great thread !
+1
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