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Lot
30405

1847 25C PR66 NGC. Briggs 8-E....

2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213

 
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Auction Ended On: Jun 23, 2014
Item Activity: 7 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:

1847 Quarter, PR66
Tied for Finest Certified
Just Eight Proofs Confirmed
1847 25C PR66 NGC. Briggs 8-E. An outstanding example of this rare early proof date. Both sides display walnut-brown, lavender, and navy-blue toning, with the deepest shades on the reverse. The fields are flashy where the toning allows. The strike is intricate throughout, with the exception of the right-side stars. The dentils are squared off, and a wire rim is prominent on the obverse between 7 and 9 o'clock.

Variety: Briggs 8-E. Several stars are recut, particularly 9 through 12. The left base of a 1 is over, and approaches, a dentil. On the reverse, the lowest horizontal shield line extends into the left (facing) wing.

Population Data (5/14): NGC has three in PR66 with none finer. PCGS has not certified any examples above the PR65 level. NGC and PCGS have a combined census of 12 pieces, some of which are likely resubmissions.

Heritage Commentary: We have confirmed eight distinct 1847 proofs:
1. PR66 NGC. The present coin. Pedigree at end of lot description.
2. PR66 NGC. Hunter/Murphy/Homsey Collection (Thomas Elder, 4/1925); 49th Sale (New Netherlands, 6/1957), lot 1153; Eugene H. Gardner Collection (Stack's, 2/1965), lot 1641; Floyd T. Starr Collection (Stack's, 10/1992), lot 405; Baltimore Auction (Superior Galleries, 7/1993), lot 327.
3. PR65 PCGS. Sale 405 (J.C. Morgenthau, 10/1939), lot 378; Floyd T. Starr Collection (Stack's, 10/1992), lot 406; The Phil Kaufman Collection of Early Proof Sets, Part Four (Heritage, 7/2008), lot 1813.
4. PR65 PCGS. J.B. Worthington Collection (American Numismatic Rarities, 5/2005), lot 203; Long Beach Signature (Heritage, 9/2005), lot 2676; FUN Signature (Heritage, 1/2006), lot 3156; Pre-Long Beach Auction (Ira and Larry Goldberg, 5/2006), lot 1755; Central States Signature (Heritage, 4/2009), lot 2352; Stack's (6/2012), lot 2580.
5. PR65. Chapman Brothers (5/1905); J.M. Clapp; Clapp estate, 1942; Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1441.
6. PR65. The Norweb Collection (Bowers and Merena, 3/1988), lot 1582.
7. PR64 NGC. Richmond Sale, part III (David Lawrence Rare Coins, 3/2005), lot 1519.
8. Proof. Smithsonian Institution.

Provenance: William Cutler Atwater Collection (B. Max Mehl, 6/1946), lot 700; John Jay Pittman Collection, Part Two (David Akers, 5/1998), lot 1312.(Registry values: P4) (NGC ID# 23WA, PCGS# 5541)

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