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Lot
1606

1863 25C Quarter Dollar, Judd-335, Pollock-407, High R.7, PR66 NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 5 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Finest Certified, Extremely Rare
1863 Quarter Pattern
Judd-335, PR66
1863 25C Quarter Dollar, Judd-335, Pollock-407, High R.7, PR66 NGC.
Design.
The obverse die is from the Seated Liberty design used for regular-issue coinage in 1863. The reverse features the standard perched eagle motif with the addition of a scroll with the motto IN GOD WE TRUST inscribed. Struck in silver with a reeded edge.

Commentary.
This extremely rare issue was probably struck in the late 1860s or early 1870s to fill up complete sets of transitional patterns. According to USPatterns.com, such sets were offered to select dealers and collectors circa 1869. An early auction appearance of such a set was in the Woodside Collection (New York Coin and Stamp, 4/1892), lot 129. That lot description was: "1863 Proof set: Dollar, Half and Quarter: same as regular issue with additions of "IN GOD WE TRUST," over eagle: this set is unique and has never before been offered, even the existence of such a set being known to but few numismatists: brilliant silver proofs: 3 pcs." Judd-335 was missing in Idler, Fewsmith, Linderman, Davis, Parmelee and many other great 19th century pattern collections, lending credence to the cataloger's claims about the issue's rarity.

In recent times the issue remains very elusive. The present coin has been off the market for more than 20 years. A search of auction records uncovered only three auction appearances of Judd-335 since 1990, and two of those appearances were of the same coin. The present offering represents an important opportunity to acquire this extremely rare pattern in Premium Gem condition. Such an opportunity may not repeat for many years.

Physical Description.
The exceptional strike reveals every detail in Liberty's hair, the star radials, and the eagle's feathers. The flawless surfaces are enhanced by even golden-brown toning, with touches of brilliance on the reverse. The coin possesses outstanding eye appeal to complement the highest numeric grade currently awarded by NGC or PCGS (11/08).

Provenance.
Ex: Stack's private treaty transaction (12/1987).
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 60497)

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