A sharply defined example of this scarce and seldom encountered issue in the early quarter eagle series. Overall detail is virtually full, in fact, and there are also faint traces of original luster to suggest that, apart from the stated qualifier, this is a Choice AU coin. Wispy hairlines and a slightly subdued appearance are noted for accuracy, but both sides exhibit rather pleasing color in light, even khaki-gold. As with all pre-1834 quarter eagles, the 1832 represents a significant find at al levels of preservation. The original mintage is a scant 4,400 pieces, there being little call for coins of this denomination among contemporary gold bullion depositors. With the vast majority of examples struck falling prey to melting, it should come as no surprise to read that most numismatic scholars accept an estimate of just 80 to 100 coins extant in all grades. Here, then, is an important coin that is likely to be of greatest interest to budget minded gold type collectors seeking an example of the challenging Capped Head Left, Reduced Diameter quarter eagle.
