There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
3421

1909 $2 1/2 PR65 NGC....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Sep 19, 2008
Item Activity: 5 Internet/mail/phone bidders
2,225 page views
Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 104A

Auction Room:
Room 103B

Description:
Elusive Gem Proof Roman Finish
1909 Indian Head Quarter Eagle
1909 $2 1/2 PR65 NGC. It was not only Bela Lyon Pratt's innovative incused design for the Indian Head quarter and half eagles that collectors mostly disdained in 1908, the year of their introduction onto an unsuspecting populace. The Mint also chose to foist the unpopular matte proof format for all gold coinage onto collectors at the same time, a heavy, nonlustrous, grainy texture that most numismatists of the era loathed.
After the proof mintage of quarter eagles reached 236 pieces recorded for the premiere year of 1908--from collectors who likely had never seen and had no knowledge of what they were ordering--the second-year proof emission plummeted to a low 136 pieces.
Although the second-year issues were modified to something called the Roman or Satin Finish, in between the matte proofs and the traditional mirrored proofs of earlier (pre-1902) years. Those coins were not much liked by proof gold connoisseurs, either. A quick look at the NGC Census Report will confirm that the 1909 is by far the most elusive of the eight proof issues from 1908 through 1915. It is also the rarest issue in Gem proof or finer grades. The situation is the same at PCGS, which, although it has graded less proofs of the 1912 and 1913, has certified only a single Gem proof 1909, with none finer.
The present Gem NGC-certified coin does indeed appear as somewhat of a hybrid between the matte and reflective proofs. While it is noticeably brighter than a matte piece, it is not what one would think of as "lustrous" in the sense of radiance, and examination under a loupe will reveal a microscopic, fine-grained surface, somewhat like a matte proof but with much finer texture. Although collectors of the era may not have valued them, today a collector would find this lovely Gem to be a real treasure. A couple of hair-thin marks on the reverse above the eagle are the only mentionable contact on this delightful and attractive piece, a historic example of early proof gold experimentation during the renaissance period of U.S. coinage.(Registry values: N4719) (NGC ID# 289H, PCGS# 7958)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
877,370
bidder-members
$961,453,068
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 34 days left to consign to the 2014 October 8 - 12 PNG New York Invitational Coin Show US Coins Signature Auction - New York!
Learn About Consigning With Us
If my clients were to auction something of significance, having Mike as the auctioneer would be a deal maker as far as I am concerned.
Kevin A. Swersey,
Hawthorne, NY
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,738,320
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,948,418
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143