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Lot
3489

1845 25C PR64 NGC....

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

 
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Auction Ended On: Feb 2, 2012
Item Activity: 12 Internet/mail/phone bidders
835 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Choice Proof 1845 Seated Quarter
Rare Proof Date, 4-6 Pieces Known
Ex: Earle/Ryder
1845 25C PR64 NGC. The 1845 proof Seated Liberty quarter is a very rare issue, with no recorded mintage figures and an extremely small supply of surviving specimens. After a diligent search of auction records, we can account for only four examples that are certainly extant today. Walter Breen believed there were six coins still available in 1977, but the fourth and fifth coins on his list turned out to be the same specimen. Larry Briggs also estimated there were six survivors, so the two additional appearances documented in the roster below may actually represent different coins, rather than duplicate citations of the coins in the main roster. NGC records six certification events, possibly including some duplicate submissions, while PCGS has graded a total of five specimens, and estimates there are actually only 4-6 pieces known (1/12).
The present coin is a delightful Choice example with razor-sharp definition on all design elements. The fields are brightly reflective under iridescent shades of antique-gold, lime-green, and blue-steel toning. The date shows the diagnostic doubling of the last three numerals, which were recut after being initially placed too far to the left. This lot combines absolute rarity, high technical quality, and intense historic interest. Census: 3 in 64, 3 finer (1/12).

Roster of 1845 Proof Seated Liberty Quarters:

1. PR66 NGC. Menjou Collection (Numismatic Gallery, June 1950), lot 715; John J. Pittman (David Akers, May 1998), lot 1711, as part of a complete 1845 proof set; the Phil Kaufman Collection (Heritage FUN Sale, 1/2008), lot 3030; FUN Signature Auction (Heritage, 1/2009), lot 3765.
2. PR65 NGC. William Dickinson Collection (Chapman Brothers, March 1894) lot 387; J. M. Clapp; Clapp Estate (1942); Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, April 1997), lot 1437; Phil Kaufman; Rarities Sale (Bowers and Merena, January 1999), lot 1112.
3. PR64. George Earle Collection (Henry Chapman, 6/1912), lot 3088; Ryder Collection; Wayte Raymond; 49th Sale (New Netherlands, June 1957), lot 1152; the present coin.
4. Proof. Smithsonian Institution.

Additional Appearances:

A. PR64. Harmer Rooke (November 1989).
B. Brilliant Proof. Howard R. Newcomb Collection (Morgenthau, 2/1945), lot 614.(Registry values: P5) (NGC ID# 23W8, PCGS# 5539)

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