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Lot
3294

1862 25C PR67 Cameo NGC....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 2, 2012
Item Activity: 6 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
1862 Seated Quarter, PR67 Cameo
Dramatic White on Black Contrast
1862 25C PR67 Cameo NGC. This is a fully brilliant Superb Gem proof example of the No Motto design. Only about 430 proofs were actually sold in 1862; the balance of the 550-coin mintage was melted. The 550-coin figure continues to be reported in the Guide Book, but we tend to subscribe to Breen's figures in regard to these coins. The strike is needle-sharp and the cameo contrast is exceptional. Census: 5 in 67 Cameo, 2 finer as 67 Cameo, none as Ultra Cameo (6/12).
Ex: Palm Beach Signature (Heritage, 11/2004), lot 6522, which realized $13,800.(Registry values: P3) (PCGS# 85558)

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