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Lot
3428

1885 $2 1/2 MS63 Prooflike NGC....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 6 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
Low-Mintage 1885 Quarter Eagle
MS63 Prooflike
1885 $2 1/2 MS63 Prooflike NGC. An extremely important piece with full prooflike fields on both sides, and the second finest of just five examples designated prooflike by NGC. The coin has many characteristics found on proof strikes, including sharp design details and watery surfaces, although the depth of the strike is just shy of that expected on a proof.
The date is one of the important rarities among business strike Liberty quarter eagles, although it does not seem to get the respect of certain other issues. Just 800 non-proof pieces were coined, the fourth lowest production of the design behind 1854-S (246), 1875 (400), and 1881 (640). Three other dates deserve mention in this discussion: 1841 (believed a proof-only date with an unknown mintage), 1856-D (874 minted), and 1863 (proof-only, 30 pieces believed struck). (PCGS# 77837)

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