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Lot
9247

1911-D $2 1/2 MS65 NGC. To state the obvious: the 1911-D ...

2004 May (CSNS) Signature Sale #346

 
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Auction Ended On: May 7, 2004
Item Activity: 8 Internet/mail/phone bidders Number of Bidders
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Description:
Very Rare and Important NGC MS65 1911-D Quarter Eagle
1911-D $2 1/2 MS65 NGC. To state the obvious: the 1911-D quarter eagle is very rare in Gem condition. It has the lowest mintage in the series, is generally only available in VF-AU grades, and is far scarcer than the 1914 or 1914-D in strict Gem condition. In fact, only 27 other Gems have been certified by PCGS with two finer (4/04). As a sort of backhanded compliment to this issue, counterfeits have been manufactured for several decades by adding a D mintmark to a 1911 Philadelphia coin; therefore, it is imperative that the collector (or grading service) be familiar with the diagnostics of genuine 1911-D quarter eagles.
This is an unusually clean coin, not only for a 1911-D but for any Indian quarter eagle. The fields, which are highpoint of its incuse design, are virtually free of the numerous tiny blemishes that are normally seen on coins of this design. The mint luster flows over the design and is unbroken over the highpoints of the recessed design elements. The only mark of any significance is a tiny abrasion on the highpoint of the Indian's cheek, but that is only of concern to those who examine the coin with strong magnification--those who view the piece with the unaided eye will never know this singular flaw is present.
Although a 20th century coin, the importance of this particular piece should not pass unnoticed as it is one of the most important gold rarities in this comprehensive sale that contains numerous rare gold coins.
From the Fox Valley Coin Portfolio. (#7943) (Registry values: N10218) (NGC ID# 2894, PCGS# 7943)

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