Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

Gem Prooflike 1831 Quarter Eagle, BD-1
Tied for Finest Certified

1831 $2 1/2 MS65 Prooflike NGC. Breen-6134, BD-1, R.4. Bass-Dannreuther Die State a/a or c/c. Due to the highly prooflike, reflective nature of the fields, the die state is difficult to determine with certainty. Is this coin an early strike with pronounced die polish, or is it a later state where die lapping has effaced earlier die clashes? Viewers must decide for themselves. (Bass-Dannreuther write that "the lapping is so light that distinguishing between State a and c is nearly impossible; the clashed state, b, is obvious.")
There are quite a few examples -- relatively speaking, and in the context of the extreme rarity of all early U.S. gold -- of prooflike business strikes that in the past have been called proofs. The situation is exacerbated, as well, by the evolution of the term "proof" itself among numismatists to a much stricter definition than prevailed throughout much of the 19th and early 20th centuries.
John Dannreuther makes some telling comments concerning the Bass specimen in the popular reference:

"There are unequivocal Proofs of this date, but this is not one of them. Since the intent of the coiner is the final arbiter of whether a coin is a Proof or not, we shall never be 100% certain on this coin. Whether it is a Proof without full credentials or one of the first circulation strikes after the Proofs were struck is a moot point."


In the case of the present coin, while the Prooflike designation is applicable in spades, to us there is little doubt that this piece is not a proof in the modern sense. The trimming of mint luster around the rims and the lack of the complete rim-to-rim die polish one would expect to see on a proof are the deciding attributes. The pronounced field reflectivity complements the prevailing reddish-gold coloration. The strike is sharp, save for on the eagle's left (facing) wing, next to the shield. This piece is tied with one other as the finest Prooflike certified at NGC; there are four MS66 non-Prooflike specimens numerically finer (2/11). An important and highly attractive specimen of early gold. (PCGS# 77671)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
Apr-May, 2011
27th-1st
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 1,332

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

941,359
bidder-members
$882,909,938
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong.

Learn about consigning with us

I believe Heritage did a very good job of the cataloging. I am very pleased overall!
P.C. ,
Lexington, SC
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,308,723
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved