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Lot
4459

1885 $2 1/2 PR65 Cameo NGC. CAC....

2011 December 8-11 US Coins Signature Auction- New York #1162

 
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Auction Ended On: Dec 9, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:

Glittering Gem Cameo Proof
1885 Two and a Half
1885 $2 1/2 PR65 Cameo NGC. CAC. Three proof dates in the Liberty quarter eagle series are linked inextricably to their low-mintage business strike counterparts: 1875, 1881, and 1885. The circulation mintage of 800 pieces for the 1885 quarter eagle is the highest of the three. The listed proof mintage is also the highest, at 87 pieces, so the cumulative price pressure on the proofs is lower relative to its peers. Of course, any Gem Cameo proof example of a classic gold issue is a coin to be prized, and this beauty is no exception. Moderately frosted, decisively struck devices contrast well with mirrors that are by turns pale yellow and "black" at different angles to the light.(Registry values: P3) (NGC ID# 2888, PCGS# 87911)

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