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Lot
7041

1893 25C PR69 NGC. Even though collector interest had ...

2004 May (CSNS) Signature Sale #346

 
Sold for: Not Sold
Auction Ended On: May 6, 2004
Item Activity: 4 Internet/mail/phone bidders
383 page views
Location: Milwaukee, WI
Description:
Magnificent PR69 1893 Quarter--Tied For Finest Certified
1893 25C PR69 NGC. Even though collector interest had substantially diminished by 1893 to the point that "only" 792 proofs were produced, a substantial percentage of that original mintage was set aside by collectors of the day. So many in fact, that certified proofs of this date represent approximately 35% of the mintage. So, it should come as no surprise that there might be a coin or two of this date that have been preserved in near-perfect condition. This is a truly breathtaking coin. As stated, the surfaces are nearly perfect. Additionally, however, the fields show illimitable depth of mirrored reflectivity that serve to lighten and brighten the rich multicolored toning on each side. Deep sea-green toning is seen over most of each side with a slight but visually interesting accent of rose coloration scattered around the margins. The devices on each side appear to have a significant amount of mint frost, perhaps enough to warrant a Cameo designation, but in fairness to the grading services this is not immediately apparent; in fact, it is not even the second or third item of visual interest when one views this magnificent coin. One other PR69 shows to have been graded by NGC (and none by PCGS), but we have to wonder how any 1893 could equal or surpass the eye appeal of this extraordinary coin.(#5679) (Registry values: N7079) (NGC ID# 2428, PCGS# 5679)

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