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30300

1863 $2 1/2 -- Smoothed -- PCGS Genuine. AU Details....

2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco #1205

 
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Auction Ended On: Mar 20, 2014
Item Activity: 9 Internet/mail/phone bidders
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Location: Bently Reserve
301 Battery Street
San Francisco, CA
94111
Description:
1863 Quarter Eagle, AU Details
Only 12 Pieces Believed Known, All Proofs
Key to the Quarter Eagle Series
1863 $2 1/2 -- Smoothed -- PCGS Genuine. AU Details. The term "legendary" is easily tossed around in numismatic circles. Few issues actually are. The 1863 quarter eagle is one of the few that does qualify. Struck only in proof format -- only 30 pieces were produced -- collectors of this challenging series must locate one of the 12 or so coins that remain. The rarity of this date was recognized early on, as seen by the 1883 correspondence between Harold Newlin and T. Harrison Garrett (cited in the 100 Greatest U.S. Coins reference). Even though the fields on this piece have been smoothed, it is still abundantly obvious this is proof striking. Numerous small contact marks are scattered over each side, none of which are individually distracting. Rivaled only in rarity by the 1841 "Little Princess," an issue that also appears in this auction.
From the Collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: P7) (NGC ID# 287H, PCGS# 7889)

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