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Lot
4013

1865 $2 1/2 PR62 Cameo NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Offers to date: $20,700 on December 21, 2009
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Auction Ended On: Jan 8, 2009
Item Activity: 10 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Low Mintage 1865 Quarter Eagle
Perhaps 15 Pieces Extant
PR62 Cameo
1865 $2 1/2 PR62 Cameo NGC. From a minuscule proof mintage of only 25 pieces, this issue boasts one of the lowest production figures for the decade. Experts estimate a surviving population of fewer than 15 pieces. Jeff Garrett and Ron Guth note the population data is deceptive for this issue, as many resubmissions have occurred. The tiny proof mintage is under additional pressure, because the business strike coinage of this date also had a small mintage, and is one of the rarest dates in the Liberty Head series.
The present coin is one of the finest surviving examples of this rare date. Brightly reflective fields contrast dramatically with the frosty devices to produce the attractive Cameo effect. A few scattered handling marks are consistent with the grade. Census: 1 in 62 Cameo, 3 finer (11/08).
From The Findley Collection.(Registry values: P5) (NGC ID# 287K, PCGS# 87891)

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