1808 $2.50 AU58

CERTIFICATION#: -18107
PCGS#: 7660

Owner's Comments

Estimated grade. Purchased by Louis Eliasberg when he acquired the John Clapp collection in 1942. Earlier from the David Wilson collection, auctioned by S.H. Chapman in 1907. Purchased at the Bowers & Ruddy Oct '82 Eliasberg sale by Kevin Lipton for $26,400. Lot #89.

Expert Comments

David Akers (1975/88): Although not the great rarity it is sometimes made out to be, the 1808 quarter eagle can certainly be considered to be rare, particularly in high grade. Because this is a one-year-only type, it is also unquestionably one of the most popular U.S. gold coins, and therefore, generally brings proportionally higher prices than other dates that are less rare but also less desirable. As the data clearly indicates, most available specimens are in the very fine to extremely fine range. The majority of pieces that I have seen also have edge nicks or rim bruises to some extent, and although most examples of this date are fairly well struck on the figure of Liberty and on the eagle, they are also weakly struck at the borders. Typically, the stars are flat and there are no denticles visible. I have only seen one truly choice mint state example, that being the superb coin from the Dr. J. Hewitt Judd Collection. I examined the coin (and was offered it for sale as were several other dealers and prominent collectors) at the 1972 ANA Convention in New Orleans. To my regret, I passed on the piece ar a price in the $12,000 range. The price seemed high at the time, but it would certainly be an incredible bargain today.

Diameter: 20.00 millimeters Designer: Robert Scot Edge: Reeded
Mintage: 2,710 Weight: 4.37 grams Metal Content: 91.7% Gold, 8.3% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 132 R-7.6 1 / 1 10 / 12 TIE
60 or Better 9 R-9.6 1 / 1 2 / 12 TIE
65 or Better 1 R-10.0 1 / 1 1 / 12 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade  
2 MS63 PCGS grade

Oliver Jung Collection - American Numismatic Rarities 7/2004:84, $325,000 - Stack’s 3/2007:1441, $425,500 -Stack’s 11/2008:4176, $517,500

2 MS63 estimated grade  
4 MS62 PCGS grade

Freedom Collection - Heritage 1/2007:3392, $287,500 - Madison Collection - Heritage 1/2008:3069, $322,000 -Heritage 4/2009:2672, unsold

4 MS62 PCGS grade