1891 $2 1/2
1891 Quarter Eagle, Gem Proof 651891 PR 65 PCGS. The 1891 quarter eagle from Philadelphia has the unusual distinction of being rare both as a business strike and as a proof. Only 10,980 business strikes were produced with perhaps a couple of hundred or so known today, while 80 proofs were minted with perhaps 20 pieces believed extant.
An attractive proof gold coin, the fields have an illimitible depth of mirrored reflectivity and they go "black" as the coin is tilted slightly. The devices are heavily frosted, and the resultant contrast is extreme. There is a light, opaque haze covering each side, and a couple of small alloy spots are seen on the obverse. Population: 5 in PR 65, 1 finer (6/96). (NGC ID# 288E, PCGS# 7917)
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