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Lot
5345

1925-D $2 1/2 Indian Quarter Eagle -- Double Struck, Rotated 180 Degrees in Collar -- MS62 NGC....

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

 
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Auction Ended On: Apr 28, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
Remarkable Double Struck in Collar
1925-D Indian Two and a Half, MS62
180-Degree Die Rotation
1925-D $2 1/2 Indian Quarter Eagle -- Double Struck, Rotated 180 Degrees in Collar -- MS62 NGC. Ex: Byers Collection. A remarkable error on a 20th century gold coin. The first strike was normal, but the piece was struck a second time, rotated almost exactly 180 degrees from the initial strike. Presumably, the coin did not leave the die chamber between strikes, and the collar die was obstructed for the second strike. Much detail is present from the first strike, including a full date and Indian profile. The top half of the eagle is also well outlined. Both sides are unabraded and satiny with straw-gold color and only a hint of friction on the high points.
A search of our Permanent Auction Archives, which date to 1993, show only one prior appearance of a double struck in collar U.S. gold coin. That was a 1904 double eagle, MS63 PCGS, that realized $37,375 in our August 2006 Denver Signature. The rotation between strikes on that piece was only a few degrees, and its "look" is significantly less dramatic than for the present lot. Unquestionably unique, and perhaps a once-in-a-lifetime opportunity for the error specialist.
Ex: FUN (Heritage, 1/2005), lot 30425, which realized $66,125.

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