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Lot
1104

1855 25C PR65 Cameo PCGS....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 5, 2009
Item Activity: 8 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Marvelous 1855 Seated Liberty Quarter
With Arrows, PR65 Cameo
1855 25C PR65 Cameo PCGS. An unknown number of proof quarters were produced in 1855, with Walter Breen and Larry Briggs both estimating a surviving population of 15-20 pieces today. In The Official Red Book of Auction Records 1995-2003, Jeff Ambio and John Dannreuther document 21 auction appearances of the date in proof grades during that nine-year period. While several of those appearances are duplications, the data suggest that a population of 30-40 examples may be more realistic. All examples seen show the date sloping downward, and both numeral 5's in the date slanted. Larry Briggs notes, "Stars show some weakness but all show centrils."
The present coin is a splendid example of this rare issue. The fields are deeply mirrored, and contrast dramatically with the faultless devices. The strike is above average, but Larry Briggs' observation about the stars is valid for this coin. Overall eye appeal is stunning. NGC and PCGS combined have certified three coins in PR65 Cameo, with none finer (12/08).(Registry values: P3) (PCGS# 85551)

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