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Lot
5038

1881 $2 1/2 PR63 Cameo NGC. CAC Gold Label....

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

 
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Auction Ended On: Jan 6, 2011
Item Activity: 9 Internet/mail/phone bidders
490 page views
Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:
1881 Quarter Eagle, PR63 Cameo
Rare as a Proof or Business Strike
CAC Gold Label
1881 $2 1/2 PR63 Cameo NGC. CAC Gold Label. Probably only 20, or so, examples of the 1881 proof quarter eagle survive today, from the original mintage of 51 pieces. This figure includes several impaired specimens, and one coin in the Smithsonian. Business-strike examples-mintage 640 pieces-are also quite rare. Auction appearances are infrequent and offerings are hotly contested. The PCGS PR65 example in lot 2203 of the Central States Signature Auction (Heritage, 4/2010) realized $38,812.50.
The present coin is a delightful Select Cameo proof, with a razor-sharp strike and brightly reflective, greenish-gold surfaces. The frosty devices seem to float on the liquid, mirrored fields, creating dramatic cameo contrast. This coin exceeds the stringent grading standards recognized by CAC, resulting in a gold label. Census: 1 in 63 Cameo, 7 finer (11/10).
From The Henry Miller Collection.(Registry values: P4) (NGC ID# 2884, PCGS# 87907)

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