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Lot
2215

1911-D $2 1/2 MS64 NGC. CAC....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 29, 2010
Item Activity: 6 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:

Bright, Satiny MS64 1911-D Quarter Eagle
1911-D $2 1/2 MS64 NGC. CAC. The 1911-D quarter eagle may never have existed if the public objections to the coinage design had prevailed. The Boston sculptor Bela Lyon Pratt submitted complete models for the Indian quarter eagle and half eagle designs. The selection of Pratt to prepare the work came at the suggestion of Dr. William Sturgis Bigelow, a personal friend of President Theodore Roosevelt. After his election, Roosevelt desired that all existing U.S. coin designs be replaced with new designs. He selected Augustus Saint-Gaudens to do the work, and the beautiful Indian Head eagles and "striding Liberty" double eagles were the result. Both designs made their debut in 1907. Unfortunately, Saint-Gaudens passed away before any other designs were prepared. Bigelow suggested the unusual sunken design that Pratt created. When the quarter eagles and half eagles were issued in 1908, there were several objections to the design. One of the unusual objections is that the sunken devices formed a receptacle for germs that would spread disease. The objection proved to be unfounded.
The 1911-D proved to be the key Pratt's short-lived design type. A mere 55,600 pieces were struck and high grade examples are scarce and always sought out by collectors. This is a bright, satiny example that displays even reddish-gold color over each side. The strike is strong for the issue with good definition on the mintmark and above-average details on the lowest feather in the headdress. The surfaces are minimally abraded for an MS64, an opinion endorsed by CAC.(Registry values: N7079) (NGC ID# 2894, PCGS# 7943)

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