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Lot
1823

1852 25C PR65 NGC....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

 
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Auction Ended On: Jul 31, 2008
Item Activity: 7 Internet/mail/phone bidders
2,518 page views
Location:

Baltimore, MD

Description:
Extremely Rare 1852 Quarter, PR65
One of Only Two Known
The Only Collectible Specimen
1852 25C PR65 NGC. Ex: P. Kaufman. The rarity of the 1852 proof quarter is attested to by this solitary example certified by either NGC or PCGS. One more example of this issue is extant, and resides in the American Numismatic Society collection (Larry Briggs, Encyclopedia of United States Liberty Seated Quarters). Obviously, the Kaufman piece is the only collectible specimen.
The Kaufman quarter comes out of the John Jay Pittman Collection. David Akers, in his cataloging of Pittman's 1852 proof quarter (5/1998), lot 1321, reports that it was purchased privately from B. Max Mehl on April 15, 1953 for $50.
For those desiring a concise roster:

1. PR65 NGC.
B. Max Mehl (privately, 4/1953); John Jay Pittman Collection (David Akers, 5/1998), lot 1321; Superior Galleries (1/2004), lot 286.

2. Proof.
American Numismatic Society.

Gorgeous color characterizes the Pittman-Kaufman coin, with medium intensity reddish-gold and violet, accented with splashes of sky-blue. An exacting strike imparts full definition to the design elements, further heightening the coin's eye appeal. The date shows repunching on the 852, and a fine die line runs from the fingers behind the pole past star 8 to the rim. A couple of stray, unobtrusive hairlines do not deny the impeccable preservation of the surfaces on each side. We do not know when another opportunity such as this will arise to acquire the only collectible example of this extremely rare issue.
From The Phil Kaufman Collection of Early Proof Sets, Part Four. (PCGS# 5546)

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