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Lot
2208

1901 $2 1/2 PR64 Cameo NGC. CAC....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 29, 2010
Item Activity: 7 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:

Remarkable 1901 Quarter Eagle, PR64 Cameo
1901 $2 1/2 PR64 Cameo NGC. CAC. Proofs from 1901 are generally the last ones available with contrast between the fields and devices. Beginning with the next year proofs had polished devices also, thus eliminating cameo contrast. Of the 223 proof quarter eagles struck this year, a higher percentage of survivors seems known today, probably the result of careful preservation by early collectors and dealers. As Breen notes, "Proofs have scattered crisscross marks within shield; these fade." If that is indeed the case, then this must be an early striking as the crisscross marks are pronounced on this piece.
The fields display the expected deep mirrors, and the devices are heavily frosted, yielding the cameo effect that is so desirable. This upper-end piece does not display the expected hairlines that most PR64 coins show. Rather, each side shows a couple of tiny lint marks, but these are Mint-made and have no effect on the overall appearance of this remarkable coin.(Registry values: P1) (NGC ID# 288R, PCGS# 87927)

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