Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Liberty Quarter Eagles
1848 $2 1/2 CAL. VF30 PCGS. Colonel R.B. Mason, military governor of California, sent a small quantity (about 230 ounces) of newly mined California gold to Secretary of War, William L. Marcy, in 1848. That gold was turned over to the Philadelphia Mint, and the precious yellow metal was converted into 1,389 quarter eagles, each with the special CAL. counterstamp at the top of the reverse, over the eagle's head. Several examples were preserved in high grade, while others, such as the present piece, entered circulation. This pleasing light yellow example shows modest wear with trivial handling marks. The overall eye appeal is excellent and the CAL. counterstamp is bold. Many numismatic scholars consider this special issue to be America's first commemorative coin.
HID02901242017
1848 $2 1/2 CAL. VF30 PCGS. Colonel R.B. Mason, military governor of California, sent a small quantity (about 230 ounces) of newly mined California gold to Secretary of War, William L. Marcy, in 1848. That gold was turned over to the Philadelphia Mint, and the precious yellow metal was converted into 1,389 quarter eagles, each with the special CAL. counterstamp at the top of the reverse, over the eagle's head. Several examples were preserved in high grade, while others, such as the present piece, entered circulation. This pleasing light yellow example shows modest wear with trivial handling marks. The overall eye appeal is excellent and the CAL. counterstamp is bold. Many numismatic scholars consider this special issue to be America's first commemorative coin.
HID02901242017