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Lot
2390

1849 25C PR66 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 6 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Charming 1849 Quarter, PR66
Tied for Finest Known
1849 25C PR66 NGC. Ex: P. Kaufman. The 1849 proof quarter is one of the rarest issues in the Phil Kaufman Collection, and is one of the two or three finest known specimens. Walter Breen (1989) enumerates three examples, and Larry Briggs (1991) estimates the same number of survivors. David Akers (1998), on the other hand, lists five pieces known to him, conceding that one or two more coins may exist.
NGC and PCGS have certified four 1849 proof quarters apiece. In addition to the PR66 Kaufman coin, NGC has graded a PR64 and two Select proofs. PCGS has seen two PR66 examples, a PR65 and a PR63. We are able to account for only one of the PCGS PR66 coins; the other may be a resubmission, or perhaps exists in an unknown private collection.
The following roster is derived from appearances known to us:

1. PR66 NGC. The Kaufman coin.
We are unable to conclusively match this coin with any of the following specimens.
2. PR66 PCGS. William Dickinson Collection (Chapman Brothers, 3/1894); J.M. Clapp; J.H. Clapp. Clapp estate, 1942; Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, 4/1997), lot 1445.
3. Brilliant Proof. John Work Garrett Collection, Johns Hopkins University (Stack's, 3/1976), lot 160.

Additional Appearances
A. Gem Proof. John Jay Pittman (David Akers, 5/1998), lot 1315.
B. PR65/64. Norweb Collection (Bowers and Merena, 3/1988), lot 1585.
C. PR64 PCGS. Kenneth C. Long Estate (Bowers and Merena, 5/1995), lot 1089.
D. PR63 PCGS. 1998 FUN Sale (Heritage, 1/1998), lot 6181.

A medley of blue-green and tan-gray patination adorns both sides of this charming Premium Gem, taking on deeper hues on the reverse. Relatively strong field-motif contrast is noted on the obverse, while the depth of toning on the reverse tends to mute this variation. An exacting strike imparts excellent definition to the design features, and impeccably preserved surfaces leave virtually nothing in the way of pedigree markers.
From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three.(Registry values: P4) (NGC ID# 23WC, PCGS# 5543)

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