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Description

1864 Transitional Quarter, PR67
Finest Known Judd-386

1864 25C Quarter Dollar, Judd-386, Pollock-454, R.7, PR67 NGC.
Design.
The obverse is a regular dies trial striking, while the reverse has the motto IN GOD WE TRUST above the eagle as adopted in 1866. Struck in silver with a reeded edge.

Commentary. The so-called transitional patterns of 1864, quarter (Judd-386), half dollar (Judd-391), and silver dollar (Judd-396), purportedly bridge the gap between the earlier No Motto coins and the Motto design officially adopted in 1866. According to USPatterns.com, the coins were actually produced for sale to collectors in sets, circa 1869. Approximately a dozen sets were struck in silver and another dozen in copper. Two or three sets were produced in aluminum and at least one in nickel. PCGS has graded a total of six examples of Judd-386 in lesser grades, and NGC has certified only two specimens, with the present coin being the finest known (3/13).

Physical Description. The design elements are sharply impressed on this exceptional Superb Gem, and the flawless surfaces are patinated in vivid shades of cobalt-blue and lavender-gray. The deeply mirrored fields shine through the toning with terrific eye appeal.

Provenance. "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $30; Eric P. Newman Numismatic Education Society.
From The Eric P. Newman Collection. (NGC ID# 29H9, PCGS# 60557)


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Auction Info

Auction Dates
April, 2013
24th-28th Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 734

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Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.

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