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Lot
5089

1858 25C PR66 NGC....

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

 
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Auction Ended On: Apr 28, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
1858 Seated Quarter, PR66
First Proof Issue for Collectors
1858 25C PR66 NGC. At one time the reported mintage for all proof silver coins in 1858 was just 80 pieces of each denomination. As recently as 20 years ago, the figure of 80 coins was still used, including in Larry Briggs' reference on the Seated quarters. However, today, the Guide Book records a mintage of 300 proofs, a figure that is merely an estimate. The actual proof mintage for all silver denominations in 1858 remains unknown. For every denomination the number of certified proofs falls in the range of 113 to 164 coins, figures that admittedly include resubmissions, but are still substantially higher than the old report of 80 pieces minted. This was the first year that proofs were widely distributed to contemporary collectors.
This Premium Gem proof exhibits multihued toning with delicate blue and lavender. Both sides are fully mirrored and sharply detailed with light cameo contrast. Slight design doubling appears at the lower right part of the reverse. An outstanding opportunity for the proof Seated connoisseur. Census: 4 in 66, 1 finer (3/11).
From The Slotkin Family Trust Collection.(Registry values: P5) (NGC ID# 23WK, PCGS# 5554)

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