"OVERDATE" DETAIL
PCGS MS64
- PCGS #:
- 7650
- Designer:
- Robert Scot
- Edge:
- Reeded
- Diameter:
- 20.00 millimeters
- Weight:
- 4.37 grams
- Mintage:
- 3,035
- Mint:
- Philadelphia
- Metal:
- 91.7% Gold, 8.3% Copper
- Auction Record:
- $115,000 • CH BU (63-64?) • 03-01-2005 • Stack's
Major Varieties
- 1802/'1' $2.50
Rarity and Survival Estimates Learn More
| Survival Estimate | |
|---|---|
| All Grades | 162 |
| 60 or Better | 22 |
| 65 or Better | |
| Numismatic Rarity | |
|---|---|
| All Grades | R-7.3 |
| 60 or Better | R-9.0 |
| 65 or Better | R-10.1 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 10 / 11 |
| 60 or Better | 8 / 11 |
| 65 or Better | 1 / 11 |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 11 / 12 |
| 60 or Better | 9 / 12 |
| 65 or Better | 1 / 12 |
Condition Census What Is This?
#1 MS64+ PCGS grade
Superior 8/2004:921 (as NGC MS64), $103,500 - Heritage 1/2011:5020, $172,500 - McCoy Family Collection of U.S. Early Gold Quarter Eagles - Heritage 1/2016:5529, $199,750 |
|
#2 MS64 PCGS grade
Lawrence C. Licht Collection - Stack's 3/2005:2074, $115,000 - Paul Nugget, sold privately in 6/2005 - D. Brent Pogue Collection - Stack’s/Bowers & Sotheby’s 5/2015:1120 $211,500 |
|
#2 MS64 estimated grade
Freedom Collection - Heritage 1/2007:3386, not sold - Heritage 2/2007:4279, $161,000 - Bowers & Merena 11/2010:4777, $161,000 |
|
#2 MS64 estimated grade
Heritage 1/2011:5020, $172,500 |
|
#5 MS63+ estimated grade
Heritage 4/2011:5324, $115,000 |
| #6 MS63 PCGS grade |
| #6 MS63 PCGS grade |
| #6 MS63 PCGS grade |
| #6 MS63 PCGS grade |
| #6 MS63 PCGS grade |
It's time to revisit this date in light of modern research and opinions. As David Akers noted, the "overdate" on the 1802 Quarter Eagle is indistinct. Harry Bass questioned whether this was an overdate at all, and John Dannreuther (co-author with Bass on "Early U.S. Gold Coin Varieties: A Study of Die States 1795-1834") called it a regular 1802. PCGS recognizes the variety as 1802/'1' with single quotation marks around the 1, indicating its questionable status. I suspect that in the future, this nod to tradition will be removed, consistent with Dannreuther's treatment.
This date is scarce, plain and simple. However, ample supplies exist in most grades to satisfy collector demand, which comes primarily from type buyers. In Mint State, this date is very rare, though the PCGS CoinFacts Condition Census consists of all MS63 or better examples. Two NGC MS65 examples appear to be the best exmples of this date.
Most 1802 Quarter Eagles show central weakness at the centers and on the reverse stars. Adjustment marks can be seen on the occasional example, but they appear to be the exception rather than the rule.