1912 $2 1/2 Indian PCGS MS64 CAC
The quarter eagle made its debut in 1796. Of the 10 denominations authorized by Congress in 1792, the quarter eagle was the last to be minted, and then only in very small numbers until the Classic Head was created.
In the very early years of the U.S. Mint, coins were made at the request of banks and individual bullion depositors. By far, the most frequently requested was the Half Eagle, with very few orders for the Quarter Eagle. Not only was it unpopular with businesses, individuals also shunned the coin because of its relatively large value at that time (a Quarter Eagle represented five days pay for the average mint employee). Because of these reasons, the Quarter Eagle never came close to the mintage numbers of other Eagles and, as such, sport high collector value.
This particular coin is PCGS graded MS64 and sports the CAC seal.
A LITTLE STICKER MAKES A BIG DIFFERENCE.
Within each number of the coin grading scale is a small range of condition from low-end to high-end. Certified coins of the same grade can be of varying quality. Many of today’s collectors want coins that are solid or premium quality for their assigned grade. CAC holds coins to a higher standard so you can be confident in the value of yours. We verify previously graded coins … and award our sticker only to those coins that meet the standard for today’s selective buyer.
WHAT THE CAC STICKER MEANS:
- Verified. Your coin has been verified as meeting the standard for strict quality within its grade.
- Guaranteed. CAC stands behind our verification by making markets in most actively traded coins.
THE CAC STICKER IS BACKED BY EXPERIENCE.
CAC was founded by leading members of the numismatic community, including John Albanese, a respected authority on coin grading and the rare coin market.