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Lot
4220

1847 25C PR66 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 5 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1847 Quarter, PR66
The Kaufman Specimen
1847 25C PR66 NGC. Ex: P. Kaufman. The 1847 proof quarter was struck for inclusion in proof sets of that year, of which David Akers (1998) estimates 10 to 15 were issued. Larry Briggs (1991) estimates five to 10 specimens are known, while Walter Breen (1988) enumerates seven coins. NGC and PCGS have certified a total of 10 examples, some of which are likely resubmissions. Our research accounts for eight distinct specimens:

1. PR66 NGC. The present coin. 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.
2. PR66 NGC. Thomas Elder (4/1925); New Netherlands 49th Sale, lot 1153; Eugene H. Gardner Collection (Stack's, 2/1965), lot 1641; Floyd T. Starr Collection (Stack's, 10/1992), lot 405; Superior Galleries (7/1993), lot 327.
3. PR65 PCGS. J.B. Worthington Collection (American Numismatic Rarities, 5/2005), lot 203; Heritage (9/2005), lot 2676; Heritage (1/2006), lot 3156; Ira and Larry Goldberg (5/2006), lot 1755; Heritage (4/2009), lot 2352; Stack's (6/2012), lot 2580.
4. PR65. Chapman Brothers (5/1905); J.M. Clapp; Clapp estate, 1942; Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1441.
5. PR65. The Norweb Collection (Bowers and Merena, 3/1988), lot 1582.
6. PR64 NGC. Richmond Sale, part III (David Lawrence Rare Coins, 3/2005), lot 1519.
7. PR64. John Jay Pittman Collection (David Akers, 5/1998), lot 1312.
8. Proof. Smithsonian Institution.

Soft golden patina dominates the Kaufman Premium Gem proof, accented with splashes of electric-blue and magenta around the borders. The strike is full throughout both sides. Mirrored fields establish pleasing contrast with the mildly frosted motifs, especially when the coin is tilted slightly under a light source. The surfaces have been well cared for, further accentuating the already stunning eye appeal.
From The Greensboro Collection, Part III.(Registry values: P4) (NGC ID# 23WA, PCGS# 5541)

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