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Description

1881 Quarter Eagle, PR64 Deep Cameo
Only 51 Proofs Produced

1881 $2 1/2 PR64 Deep Cameo PCGS. The 1881 has the lowest business-strike mintage, only 640 pieces, which puts great pressure on proof examples of the issue as well. As a proof, the issue had a remarkably low production of only 51 pieces. Only 43 proof certification events have been recorded at both major services, giving credence to the estimate by Garrett-Guth of "20 or so" surviving examples in proof format. The vast majority of the proofs known are either non-Cameo or Cameo.

It is surprising for an issue with such a limited mintage that only 16 pieces have been certified with Deep Cameo contrast by both services combined. This example has deep, even reddish-gold surfaces over each side. A few grade-limiting contact marks appear on Liberty's face and in the right obverse field. Population: 3 in 64 Deep Cameo, 4 finer (1/14).
Ex: Orlando FUN Signature (Heritage, 1/2012), lot 4773, which realized $14,950.(Registry values: P4) (NGC ID# 2884, PCGS# 97907)

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Auction Dates
Feb-Mar, 2014
27th-2nd
Internet/Mail/Phone Bidders: 6
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Page Views: 285

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