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7477

1915 $2 1/2 PR65 PCGS....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 9 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
Gem Proof 1915 Quarter Eagle
Last Proof of the Series
1915 $2 1/2 PR65 PCGS. Popularity of proof coins continued to drop in 1915, due to public rejection of the matte proof finish. As a result, the Mint offered no quarter eagle proofs after 1915 and discontinued proof offerings of all denominations the following year. Only 100 proof 1915 quarter eagles were struck, and it is likely that many went unsold and were melted after the end of the year. The 1915 is the rarest proof Indian quarter eagle in today's market.
Present-day collectors appreciate the quality and rarity of the matte proof coins, and pieces in Gem condition are especially prized. This sharply detailed Gem displays olive-gold surfaces with highlights of red color. The surfaces are slightly granular, as typically seen with this finish. Population: 4 in 65, 7 finer (6/11).(Registry values: N4719) (NGC ID# 289P, PCGS# 7964)

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