This lovely Gem would make an impressive addition to any gold cabinet. Satiny and smooth, the surfaces exhibit wisps of pale rose tinting to otherwise bold orange-gold patina. The strike is full enhancing the appeal of this beautiful piece.The quarter eagle was never a particularly popular coin in general commerce with most average gold transactions being handled by half eagles. By the 1880s the denomination was struck exclusively at Philadelphia and only in moderate quantities at best. By 1892, only 2,440 coins were produced and were quickly absorbed into circulation. Meanwhile, the price of silver fell dramatically and the very next year the Panic of 1893 hit, events that prompted many to hoard gold. Fully one quarter of the entire production run were saved, of which 20% are in Mint State, primarily at the lower Uncirculated levels. Despite this, they seem to have been mostly mishandled and often appear "scruffy," as David Akers noted. Choice specimens are quite scarce and Gem Mint State pieces decidedly rare. With a combination of low mintage and superb eye appeal, expect to see spirited bidding to secure this numismatic jewel.,,PCGS# 7844. NGC ID: 25LG.,PCGS Population: 5; 8 finer (MS-67+ finest).,
