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Description

Magnificent 1848 Quarter, PR66
Tied for Finest Certified

1848 25C PR66 NGC. Ex: P. Kaufman. The 1848 proof quarter is an incredible rarity. Phil Kaufman's coin, pedigreed to Louis E. Eliasberg, Sr., is tied for the finest certified by NGC or PCGS.
Walter Breen, in his Proof Coins treatise, enumerates seven 1848 proof quarters, two of which are in the Smithsonian Institution and American Numismatic Society collections. Larry Briggs, in his Liberty Seated Quarters reference, estimates eight to 10 specimens, and David Akers (1998), in his cataloging of the Pittman coin, accounts for five distinct coins, but says one or two additional pieces may exist.
NGC and PCGS have certified a total of six 1848 proof quarters. The former service has seen a PR66 (the present Phil Kaufman coin), and two PR65 pieces, while PCGS has graded a PR66, PR65, and PR62. Aside from the Kaufman specimen, we are unable to account for any of the other certified coins. We did, however, offer a PCGS-graded PR63 in our August 1996 ANA Sale.
The following roster updates the listing provided by Akers:

1. PR66 NGC.
The Phillip Kaufman specimen. Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1443.

2. Gem Proof.
Newcomb, part II (J.C. Morgenthau, 5/1945), lot 833; John J. Pittman Collection (David Akers, 5/1998), lot 1314.

3. Proof.
New Netherlands 49th Sale (6/1957), lot 1154.

4. Proof.
American Numismatic Society.

5. Proof.
Smithsonian Institution.

Light golden-brown patina graces each side of this magnificent quarter from the Kaufman collection, accented with splashes of electric-blue, russet, and lavender concentrated along the margins. An attentive strike leaves bold definition on the design features, all of which stand out against the mirrored fields. Close inspection reveals no mentionable marks; indeed, we cannot even identify pedigree markers. The cataloger of the Eliasberg sale says of this coin: "From an aesthetic viewpoint this piece rates a '10,'" a comment with which we wholeheartedly agree!
From The Phil Kaufman Collection of Early Proof Sets, Part Four.


View all of [Phil Kaufman Collection of Early Proof Sets, Part Four ]

View Certification Details from NGC

Auction Info

Auction Dates
Jul-Aug, 2008
30th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 3,299

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