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Lot
8212

1859 $2 1/2

1996 ANA Signature Sale #163

 
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Auction Ended On: Aug 16, 1996
Item Activity: 1 Internet/mail/phone bidders
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Location: Denver, CO
Description:
Finest Known 1859 Quarter Eagle--Ex: Trompeter
1859 PR 66 PCGS. Ex: Trompeter. Of the 80 proofs officially documented as having been struck in this year, it is widely believed that the majority were melted as unsold at year's end, leaving an estimated 7-8 pieces today (2 of which are in institutions). The proofs were all struck from the new, modified reverse die with open talons on the eagle, small arrowheads that are spaced further apart, the lowest of which is distant from the CA in AMERICA.
In the Trompeter catalog, it was pointed out how notable this coin is for its lack of problems. A tiny planchet flake is noted in the field in front of the forelock of Liberty's hair, and there is a tiny curved lint mark northeast of the top berry on the reverse that serve as identifiers for this important coin. It is most likely impossible to locate a finer specimen than this piece. It is the finest certified by two points from both of the major grading services (6/96). This will probably be the only 1859 proof quarter eagle to be auctioned until John Pittman's set is sold. (NGC ID# 25M2, PCGS# 7885)

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