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Lot
1644

1865 $2 1/2 Quarter Eagle, Judd-439, Pollock-512, Low R.7, PR64 Brown NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 8 Internet/mail/phone bidders
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Location:

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

Description:
Elusive 1865 Quarter Eagle Pattern
Judd-439, PR64 Brown
1865 $2 1/2 Quarter Eagle, Judd-439, Pollock-512, Low R.7, PR64 Brown NGC.
Design.
Both obverse and reverse dies were the designs used in regular-issue coinage of quarter eagles in 1865. Struck in copper with a reeded edge.

Commentary.
Auction appearances of the Judd-439 occur on average about every two years or so. Like many pattern issues dated in the 1860s, Judd-439 was probably struck clandestinely, and sold as part of complete copper pattern sets circa 1870, probably under the Henry R. Linderman directorship. (Actually, Linderman's two terms as Mint director were from April 1867-April 1869 and April 1873-December 1878.) The coins are rare today, with no more than a dozen specimens extant.

Physical Description.
The coin is fully struck, with exquisite detail on all devices and no areas of weakness. Reddish-tinged brown and olive-green toning highlights the virtually undisturbed surfaces. A rare prize for the discerning collector. NGC has certified two PR64 Brown, with none finer. A gilt piece, PR62 NGC, is also known (11/08). Only a PR66 Red and Brown PCGS piece is numerically finer.

Provenance.
Ex: 1979 ANA (New England Rare Coin Auctions, 7/1989), lot 1314; The Seneca Collection (Heritage, 5/1984), lot 353.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 60624)

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