I know the pics suck, but I had to use a cam that I was not familiar with to take this pic. This is the first one of these that I have ever seen in person, and I just had to take a pic of it. Maybe one day I will get to own something like this. What would you grade and value this coin at?
Due to the "PL" Obverse and almost "DMPL" Reverse fields, I would tend to believe that it some sort of Restrike from possibly the Franklin Mint or other Mint! Frank
Could be, Frank. It is in a slab. Is that a rattler? If so that would indicate it is genuine. I would love to see the insert in that slab.
I would also love to see the insert on the slab! The holder itself, has the appearance of one of the old ACGS (American Coin Grading Service) slabs. If it is in fact a genuine 1802/1 Gold Quarter Eagle, then it is probably the nicest one that I have ever seen! I do believe that the coin has spent some time in a bezel which futhers my doubts about it's authenticity! Frank
Wow, nice coin. The rich color suggests it has not been dipped, as many of them (even in top tier slabs!) have been.
I would say that it's probably just the photo, if indeed it is in a PCGS slab like it appears to be (to me anyway).
According to Red Book the gold coin is a quarter eagle Capped Bust to the Right. And if it's a genuine 1802, 2 over 1 then it's worth a pretty penny. How did you come to get to hold it? Please show us the whole slab. Very interesting. I'd grade it MS60 the hight grade in the book.
Mark, I think that you are right and I misquoted when I stated that it was a Quarter Eagle! If i had checked closer, I would have found that an 1802/1 Overdate occurred on both the Quarter Eagle and the Half Eagle. I would have also noticed that the Overdate was a better match to the Half Eagle. I still have my reserves as to whether it is genuine and would like to know who (what TPG) graded and possibly certified the coin. Frank
You are correct and I jumped at the first one I saw. One obvious difference is the word' LIBERTY' starts a little to right of center and is not completely over her head as in the quarter eagle. Super coin, great condition.
For everyone that is interested, here is the slab. Are the rattler slabs worth more since they are no longer used? It is a $5 coin which you can see from this pic. What do all of the numbers mean on the slab?
People will often pay extra for coins in old slabs because some of them are under-graded by today's standards, and even those that are not, are often viewed through rose-colored glasses. Also, the buyer of a coin in an old slab knows the coin hasn't hasn't been messed with in the recent past. It's hard to imagine that coin grading on AU50, so I am guessing that (while it looks great in the limited view the images present) it might have been cleaned and was down-graded for that. It should be worth $8750 at a bare minimum, unless the coin looks far worse in hand than in the images. Edited to add: The first 5 numbers (08083) represent the PCGS coin number in their system for an 1802/1 $5. The .50 after that is for the grade (AU)50. The number that starts with 724 is the unique PCGS ID number for the grading of that particular coin. That number will always be a unique number, as opposed to the 08083, which will be included for every 1802/1 that is graded.
