1854-S QUARTER EAGLE FETCHES $253,000 Public Deposited
The E-Sylum: Volume 8, Number 41, September 25, 2005, Article 18
1854-S QUARTER EAGLE FETCHES $253,000
In the August 14, 2005 E-Sylum (v8n35), Dave Lange
forwarded a link to an article on his firm's web site about
a previously unknown 1854-S $2.50 gold piece certified
by his firm at this summer's ANA convention. A September
19th Associated Press story reported the results of the
coin's recent auction by American Numismatic Rarities:"A rare Gold Rush-era coin owned by a descendant of
Chinese immigrants who worked in the California gold fields
sold for $253,000 at a Beverly Hills auction.The coin has been confirmed by numismatists as one of only
12 "Quarter Eagles" known to exist from the 246 that were
made at the San Francisco Mint in 1854."The anonymous seller's great-grandfather acquired the coin
between 1856 and 1858 while working the gold fields,
according to the American Numismatic Rarities of Wolfeboro,
N.H., which auctioned the coin Sunday."They took exceptional care of this important piece of American
history for nearly 150 years," said John Pack of American
Numismatic Rarities. "In fact, it is the second finest known
surviving example."- 2005-09-25
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