1868 $2 1/2 PR65 Cameo NGC. A glittering Gem with obvious ...
Cameo Proof Gem 1868 Quarter Eagle, Tied for Finest Certified1868 $2 1/2 PR65 Cameo NGC. A glittering Gem with obvious Cameo contrast and a seemingly full strike. A wispy lintmark (as struck) journeys across the right edge of the E in UNITED to the rim, which is mentioned solely as a pedigree marker for future auction appearances. Walter Breen mentions in his Encyclopedia that proofs were struck of this date on February 20.
Although the proof status of this specimen is obvious at a glance, it does meet Breen's diagnostic for the issue, which is the absence of two die lumps on Liberty's neck that are present on business strikes of the year. Proof 1868 Quarter Eagles are very rare. A mere 25 pieces were struck, and NGC has certified only five pieces in all grades. The present Gem is the single highest graded by NGC, while the finest certified by PCGS is also a solitary PR65 Cameo. (#87894) (Registry values: P5) (NGC ID# 287N, PCGS# 87894)
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