LOT #1880 |
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1911-D $2 1/2 MS65 NGC. CAC....
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Sold on Jun 27, 2008 for:
$69,000.00
Bid Source: Internet bidder
Description
Scarce Key Date Gem 1911-D Indian Quarter Eagle
1911-D $2 1/2 MS65 NGC. CAC. This offering represents an extremely important opportunity for any advanced collector of the Indian Head quarter eagle series. The number of finer-graded specimens is minimal, with a total of just six such pieces known to the two major grading services (three apiece at NGC and PCGS), all of which are certified at MS66 (as of 5/08). Of course, one or more of those six grading "events" may represent the resubmission of a coin already designated at the MS66 level, with the hope of receiving an even loftier assessment.Gems are a bit more available, but are certainly not easy to locate. Available records from the past five years suggest that 1911-D quarter eagles graded at MS65 by NGC or PCGS will be offered in public auction sales around three or four times per year. Considering the overall importance of this key date, and the popularity of the Indian quarter eagle series, it is easy to see that the availability of such coins is insufficient to satisfy the needs of all interested parties.
The current specimen is noteworthy for showing above-average striking definition, especially on the all-important mintmark, which is frequently not the case for other known examples. The requisite wire rim across the upper right border is an important diagnostic for authentic members of the issue. Satin luster permeates the well preserved surfaces, that display only the most trivial of marks, none of which are apparent without the aid of magnification. Lovely, even peach-gold coloration adorns the surfaces of this conditionally scarce Gem, and helps to ensure the splendid eye appeal of the piece.
(Registry values: N10218)
Coin Index Numbers: (NGC ID# EGZ7, PCGS# 7943, GSID# 8615)
Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 55,680
Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
Auction Info
2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110 (go to Auction Home page)
Auction Dates
June, 2008
26th-29th
Thursday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 2,584
Buyer's Premium per Lot:
15% of the successful bid per lot.
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