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Lot
6588

1912 $2 1/2 PR66 NGC....

2004 December Dallas Signature Sale #277

 
Sold for: Not Sold
Auction Ended On: Dec 9, 2004
Item Activity: 4 Internet/mail/phone bidders
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Location: Dallas, TX
Description:
Premium Gem Matte Proof 1912 Quarter Eagle
1912 $2 1/2 PR66 NGC. The official mintage for this date of 197 proofs could give one the impression of greater availability than is actually the case. Attrition was very heavy in this year also, and the original mintage figure bears no relationship to the actual number of survivors today. Akers was only able to trace 19 auction records for this date in the thirty years he surveyed for his work. The actual number of survivors is probably in the neighborhood of 50-75 pieces, but only a small handful are known in Gem (and finer) conditions.
The matte or sandblast finish was used on gold proofs of this year, but the texture of this coin is markedly different than that on the 1908-11 proofs. This piece features fine grain surfaces that sparkle with thousands of tiny individual granules. The obverse is virtually flawless. If one looks close enough on the reverse there are a couple of tiny marks in the field above the eagle. These are barely perceptible to the unaided eye, and obviously have little affect on the coin's grade or overall attractiveness as evidenced by the Proof 66 designation. Population: 15 in 66, 6 finer (10/04).(#7961) (Registry values: N7079) (NGC ID# 289L, PCGS# 7961)

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