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Lot
1862

1895 $2 1/2 PR67 Ultra Cameo NGC....

2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110

 
Sold for: Not Sold
Auction Ended On: Jun 27, 2008
Item Activity: 3 Internet/mail/phone bidders
1,037 page views

Description:

Heavily Contrasted 1895 Quarter Eagle
PR67 Ultra Cameo

1895 $2 1/2 PR67 Ultra Cameo NGC. The 1895 was a low-mintage date with a mintage of only 119 pieces. The rule-of-thumb for most proof gold issues is 50-60% of the original mintage survives today. If this same rule is applied to the 1895 the conclusion must be that there are a tremendous number of resubmissions. To date (5/08) the two major services have certified a total of 122 proofs of this date as non-Cameo, Cameo, and Deep/Ultra Cameo--more than the original mintage! This piece is tied for finest certified with seven other pieces, one at PCGS and six others at NGC. Only one coin is finer among the three degrees of contrast, a single Ultra Cameo PR68.
According to Breen (1988), there are two varieties of business strike 1895 quarter eagles. One is struck from the proof obverse die with its characteristic minute point down from the lower part of the bun. A large number of prooflikes are known of this date, from both sets of dies. There is, however, no question about the status of this piece. The fields are exceptionally deep in their mirrored reflectivity. The devices, as one would expect from an Ultra Cameo, are heavily frosted and present a stark contrast against the unfathomably deep fields. Close examination reveals evidence of light die polishing in the fields. There are also traces of a clogged reverse die as the denomination shows irregularity on the lower part of that side. A couple of slight contact marks are evident in the left obverse field, but only with magnification, these being the most reliable pedigree markers on this exceptionally preserved piece of proof gold. (Registry values: P2) (#97921)

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Bidding Guidelines and Bid Increments

Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1166, Lot 4782 Sunday, January 8, 2012 67 NGC $32,200.00
Auction 1118, Lot 1889 Saturday, December 6, 2008 67 NGC $32,200.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
66 $30,000 $33,130 $26,500 $24,250 $24,500 $39,500 $41,500
67 $50,000 $41,250 $33,000 $30,000 $30,500 $55,500 ---
68 --- --- --- --- --- --- ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 0  
NGC 67 8 0 28 -
CAC 67 3 0 8 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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Photographs:



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