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Lot
4665

1885 $2 1/2 PR64 Cameo NGC....

2012 February 2-5 US Coins Signature Auction- Long Beach #1167

 
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Auction Ended On: Feb 3, 2012
Item Activity: 7 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Well-Preserved 1885 Quarter Eagle
PR64 Cameo
1885 $2 1/2 PR64 Cameo NGC. According to the Garrett-Guth Gold Encyclopedia, the rarity of the 1885 proof quarter eagles is due to added date pressure from the rare business strikes of the year, and an unusual number of proofs of the issue that entered circulation, for some unknown reason.
This lovely near-Gem is obviously not one of those pieces that may have circulated, however briefly. The surfaces are well-preserved, and only a few of the most trivial hairlines (on the right side of the reverse) and a faint degree of cloudiness in the fields prevent a finer grade assessment. Sharply struck with noteworthy field-device contrast on both sides. Census: 3 in 64 Cameo, 7 finer (1/12).
Ex: Dallas Signature (Heritage, 10/2008), lot 1968.(Registry values: P3) (NGC ID# 2888, PCGS# 87911)

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