We are offering a 1902 $2.5 gold quarter eagle. There is no trace of wear on the coin; we believe this coin to be uncirculated. The coin is well struck and retains some original mint luster.
The quarter eagle denomination was struck at the main mint at Philadelphia (1796–1929), and branch mints in Charlotte (1838–1860), New Orleans (1839–1857 only), Dahlonega (1839–1859), San Francisco (1854–1879), and Denver (1911–1925). Years were skipped at the various mints, with no coins at all made between 1808 and 1821 and 1915 and 1925. The first issues weighed 67.5 grains, fineness .9167, until the weight was modified to 64.5 grains and the fineness changed to .8992 by the Act of June 28, 1834. The Act of January 18, 1837 established a fineness of .900. This means that 1837 and later quarter eagles contain 0.121 Troy Oz. of gold content. Relatively few coins were struck prior to 1834, owing to their higher gold content (promoting melting for their bullion content). The first issues were struck in 1796. The quarter eagle denomination was officially discontinued in 1933 with the removal of the United States from the Gold Standard, although the last date of issue was 1929.
T-2 - XGM\M\- 1/13 - S64 - BC4/21 - 2000
DISCLAIMER: Please examine the photos carefully and purchase based on the condition you see and believe the item is. We do not offer any of our currency or coins that are raw with grades, we offer them only with photos and our asking price. We will state our opinion, but, you be the judge of the quality of our raw currency and coins. We will not specify or guarantee a grade unless the coin or currency has been professionally graded by PCGS, NGC, or PMG. Further, we do not guarantee any raw coin or currency to meet any specific grade by any other standards