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Lot
5037

1877 $2 1/2 PR61 NGC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 6, 2011
Item Activity: 5 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:
Important PR61 1877 Quarter Eagle
1877 $2 1/2 PR61 NGC. Mintage: 20 pieces, and this is only the start of this date's rarity, according to the Garrett and Guth treatment in their Encyclopedia of U.S. Gold Coins: "The Proof 1877 Liberty Head quarter eagle is very rare and seldom offered for sale. It is one of the rarest Proof quarter eagles from the 1870s. There are probably just 10 to 12 examples known." As such, any survivor is an important treasure. While the present piece shows a number of hairlines and contacts which explain the PR61 designation, it also displays considerable cameo contrast that goes unacknowledged on the holder.(Registry values: P5) (NGC ID# 287Y, PCGS# 7903)

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