1862 Liberty Head Quarter Eagle. AU-55 (PCGS).Attractive golden-honey surfaces with pale pink undertones evident as the coin dips into a light. Sharply struck throughout with plenty of mint luster remaining. The suspension of gold specie payments in the North at the end of 1861 explains the precipitate drop in circulation strike quarter eagle production at the Philadelphia Mint the following year. Only 98,543 coins were struck 1862, and this issue is far scarcer than the 1861 in all grades. A lovely Choice AU that is sure to please.From the Maurice Snow Collection. Acquired from Harry J. Forman, October 1980.