1862 US Gold $2.50 Liberty Head NGC PF64 Cameo 'CAC'

$109,375.00 USD

– SOLD

In the realm of numismatics, where rarity meets beauty, the 1862 $2.50 gold coin, certified by NGC as PF64 Cameo and further endorsed by CAC (Certified Acceptance Corporation) for its superior quality, stands as a testament to the artistry and historical significance of American coinage. This piece, a part of the Liberty Head Quarter Eagle series, not only represents a slice of American history but also encapsulates the pinnacle of minting technology and aesthetic achievement of its time.

Only 35 examples were produced, putting it in the upper echelon of the rarest coins the U.S. Mint has ever produced. Of that, it is probable that fewer than 15 examples are known in all grades and conditions combined, some of these being impaired or otherwise ungradable.  However, the extraordinary quality of this example places it at the top of every bucket list.

 The year 1862 was a pivotal time in American history. The Civil War, which many politicians and military leaders thought would be just a minor skirmish, was now locked in for the long haul. Amidst this turmoil, the U.S. Mint continued its operations, producing coins that would later become cherished for their historical context as much as for their numismatic value. The $2.50 gold piece, or Quarter Eagle, was not just currency but a symbol of stability and continuity during turbulent times.

 

Certified as PF64 by NGC, this coin is in remarkable condition for its age, showing only minor imperfections under close scrutiny. The "Cameo" designation refers to the coin's contrast between the frosted devices and the mirrored fields, a feature that enhances its visual appeal significantly. The CAC sticker, a mark of approval from a respected third-party service, indicates that this coin meets or exceeds the standards of the grading service, adding to its desirability among collectors.

 The investment in such a coin isn't merely financial; it's an investment in history. Collectors and investors often see these pieces as not just coins but as artifacts that connect them to a bygone era. The rarity of a PF64 Cameo coin from 1862, especially with CAC approval, places it in a niche market where demand always outstrips supply. This scarcity, combined with the coin's intrinsic beauty and historical significance, drives its value in the collector's market.

 Other Civil War dated Proof gold coins have eclipsed 7 figures in recent years with similar rarity. The chance to own this example at this valuation is simply too powerful to ignore.

 The 1862 $2.50 NGC PF64 Cameo CAC is more than a coin; it's a piece of American heritage, a collector's dream, and an investor's treasure. Its journey from the mint to the hands of collectors today reflects not only the economic history of the United States but also the enduring appeal of numismatics as both an art and a science. For those fortunate enough to own or have owned this coin, it represents a tangible link to the past, a testament to the enduring value of history in precious metal form.