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Lot
1713

1926 $2 1/2 Sesquicentennial MS67 NGC....

2008 December Houston, TX Signature Coin Auction #1118

 
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Auction Ended On: Dec 5, 2008
Item Activity: 5 Internet/mail/phone bidders
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Location: George R. Brown Convention Center
1001 Avenida de las Americas
Houston, TX 77010
Description:
The Prinzi Superb Gem 1926 Sesquicentennial Quarter Eagle
1926 $2 1/2 Sesquicentennial MS67 NGC. Ex: Prinzi Collection. The National Sesquicentennial Commission, the organization responsible for the Sesquicentennial Exposition, optimistically ordered the full authorized mintage of 1,000,000 half dollars and 200,000 quarter eagles, plus the assay pieces required by law. Like most of the commemorative coin vendors up to that time, the Commission's grandiose dreams floundered on the reefs of reality, and a total of only 45,793 quarter eagles found buyers. The net mintage most often given for this final classic gold commemorative is either the preceding number, the Guide Book's total, 46,019 pieces, or something in between, depending on the ultimate fate of the 226 assay pieces.
As one would expect from the grade, this is a simply exceptional example. The apricot-gold surfaces, laced with peach and emerald, have strong, frosty luster that is a far cry from all but the finest representatives. Liberty's fingers and toes, as well as the building's door and windows, display uncharacteristic, practically pinpoint detail. Only a handful of minuscule marks affect each side, though a small mint-made flaw below the R in AMERICA is noted as a pedigree marker. This is only the fifth time Heritage has offered a Superb Gem example of this famous condition-rarity issue at auction. The three most recent pieces were housed in NGC holders, while the earliest was PCGS-graded, though this example likely crossed over to NGC, since no such piece appears in the Population Report. Census: 3 in 67, 0 finer (10/08).(Registry values: N10218) (NGC ID# 26HL, PCGS# 7466)

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