Quarter Eagle Struck 5% off-center PCGS AU58. As gold
coins are considered to be the prime coinage of a nation,
quality control has always been very strict. As a result,
any major errors in gold series are rare, especially
in comparison to issues of lower denominations.
The present piece, although a common
date with 616,000 pieces struck for circulation, thus
is a true rarity. When it was struck, the gold planchet
was incorrectly placed between the dies, causing the
off-center strike. This is especially noticeable on
the lower reverse. On the same side, most of the legend
UNITED STATES OF AMERICA has not been struck, in particular
the word STATES.
What makes it even more remarkable
is the major strike through on the reverse. This would
most likely been noticed by quality control, but for
some particular reason this piece escaped the melting
pot. ( subject to edit ) Maybe this coin was bought
from the Mint by an employee, who showed the coin to
his family and friends to illustrate what could go wrong
in the minting process. As a result, some luster breaks
are seen on the highest points, along with a tiny fraction
of wear. This is also the reason PCGS gave it an About
The fields are remarkably clean, giving
the coin the appearance of a higher grade gold coin.
Lustrous, satiny luster is seen on both sides. Sharply
struck, all of the incuse design elements are brought
up very nicely. While the grade is not so important,
this is a rare opportunity to obtain a rare gold error.
These are seldom seen, and anyone building a set of
off-center pieces of American coinage should seriously
consider this Indian quarter eagle error.