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Lot
3762

1841 25C PR66 NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 8, 2009
Item Activity: 8 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Breathtaking 1841 Quarter, PR66
The Finest Certified Example
1841 25C PR66 NGC. Ex: Pittman-Kaufman. The only Gem-quality proof 1841 Seated quarter in existence, this piece is the finest of just four proofs that are available to collectors, so far as we know. In his May 1998 cataloging of this 1841 quarter when it was part of the John Jay Pittman Collection, David Akers writes: "This Proof 1841 Quarter, especially given its considerable superiority in terms of condition to the only other Proofs known, is one of the rarest and most important of the many Proof Liberty Seated coins in the John Jay Pittman Collection."
And rare and important this Premium Gem is. In his 1988 Encyclopedia, Breen says there are "4 proofs known." Larry Briggs, in his The Comprehensive Encyclopedia of United States Liberty Seated Quarters, writes of the mintage: "2+ proofs-2 verified." A mere four specimens have been reported in the population reports-NGC has only certified this PR66 Pittman-Kaufman specimen, while PCGS has graded a PR58 and two PR61s.
Based on our auction records research, we believe the following are the only known 1841 proof quarters:

1. PR66 NGC. The present specimen.
Sam Kabealo (1941); 1959 ANA Sale, lot 2480; New Netherlands (54th Sale, 4/1960), lot 1113; John Jay Pittman (David Akers, 10/1997), lot 1302; The Phil Kaufman Collection of Early Seated Proof Sets, Part Two, (Heritage, 1/2008), lot 3020.

2. PR60.
Superior (6/1985), lot 757, Possibly the piece later certified PR61 by PCGS.

3. PR58 PCGS.
Superior (10/1990), lot 3531.

4. Proof.
Smithsonian Institution.

There are only a few useful die characteristics on each side. The shield point on the obverse is directly over the right side of the upright of the first 1. The digits in the date appear to slant to the left, and the 41 are slightly closer than other pairs of digits. Several of the vertical elements in the shield on the reverse extend through one or more horizontal crossbars.

A solid strike brings out exquisite definition on all of the design elements of this of this incredible PR66 coin. Liberty's hair and the eagle's plumage are fully delineated, as is the foot with its complete separation from the sandal and its straps. Deep mirrored fields establish pronounced contrast with the design elements when the coin is tilted beneath a light source, and medium intensity violet, cobalt-blue, and gold in the fields further serves to highlight the lighter champagne-gold and soft blue hues of the central motifs. Both faces exhibit impeccable preservation, though we make mention of what Akers referred to as "... a few very light contact marks hidden under the toning in the right obverse field." In summary, enough cannot be said about the fantastic eye appeal exuded by this finest-certified 1841 proof quarter, which will undoubtedly find a new home in a top shelf collection.
From The Scott Rudolph Collection.

See: Video Lot Description(Registry values: P4) (PCGS# 5535)

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