Announcement: Sunday & Tuesday Internet Coin Auctions and Weekly World and Ancient Coin Auctions move to Heritage Live!

Our Weekly Internet Coin Auctions and World and Ancient Coin Auctions are closing with live, online auctions on's Heritage Live! platform beginning with the Internet Coin Auction that ends Sunday, September 21st and the World and Ancient Coin Auction that ends on Thursday, September 25th. Each lot is offered one at a time, in lot number order, in live auctions beginning at 8:00 PM CT. During this part of the auction, live bidders will be on Heritage Live! competing with each other and with previously placed Internet bids. The lot opens, requests live bids, and then closes when the bidding is finished. There is no change in how you place your secret maximum bids during the week the auctions are open on In addition, once bidding on ends, 2 hours before the live sessions start, you still have the option to leave proxy bids through Heritage Live!

For more information about Heritage Live!, please visit If you have any questions about this exciting format change, please contact us at 800-872-6467 or

There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)


1891-O 25C Specimen MS65 NGC....

2008 May Long Beach, CA Signature Auction #1108

Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: May 28, 2008
Item Activity: 12 Internet/mail/phone bidders
13,359 page views

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103B,C

Specimen MS65 1891-O Quarter
One of Only Two Pieces Known
1891-O 25C Specimen MS65 NGC. The special nature of this coin has been recognized since at least 1941 when it appeared in Mehl's Dunham Sale. It has passed from one specialist to another since then, always remaining in strong hands and rarely offered to the numismatic market. The obvious reason for striking this piece, as well as the other known branch mint proof, was "resumption of coinage of this denomination at New Orleans (interrupted 1860)," as stated in Breen (1977).
It is always interesting to compare and contrast branch mint proofs with those produced in Philadelphia. It appears that employees in the branch mints were not familiar with the day-to-day striking of proofs. Rather, when called upon to strike such coins, they produced pieces that they thought resembled the proofs that were regularly turned out of the mother mint in Philadelphia. And in most cases, they did an admirable job of emulating Philadelphia proofs. For example, the fields on this piece have a depth of reflectivity that one would never find on a coin struck for circulation. Based on this mirror-like effect alone, its status is obvious. Of course, the specimen status goes beyond mere reflectivity. The surfaces are unusually clean, indicative of a coin that was carefully handled and not mixed in with pieces intended for circulation.
It is interesting to note the differences between this New Orleans specimen and a proof from Philadelphia. Most obvious are the striking details. Some of the feather details on the eagle and the star radials lack complete high point definition. Some P-mint proofs, especially from the 1880s, also lack full detailing and this is not an absolute necessity for proof status. On this coin it appears it was only struck once. Perhaps New Orleans personnel were not familiar with the tradition of double striking proofs? It is also interesting to note that a scribe line is clearly evident just outside the denticles on each side. Indeed, die polishing goes up to the line on the obverse but not beyond. On the reverse much of the line is still evident and it has only been polished away between 1 and 3 o'clock. On Philadelphia proofs, part of the scribe line can still be seen on some issues, but die polishing was generally done carefully enough to either show the curve of each denticle or many times the individual denticles are fully outlined all the way to the rim. These are slight differences in the nature of branch mint proofs and Philadelphia proofs, and these differences can easily be explained by the quantities of proofs or specimens produced in each mint--one need not be quite as careful about the fine points if only two pieces are to be produced vs. the hundreds of pieces struck across all denominations in the Philadelphia facility. But the texture of this coin gives clear indication of the intent to produce a special coin most likely for presentation purposes.
The roster is brief for 1891-O specimen quarters as only two are known:

1. The present coin. Ex: William Forrester Dunham (B. Max Mehl FPL, 6/1941); Gene Edwards; 1980 ANA Sale (Steve Ivy, 8/1980), lot 2024; Jascha Heifetz Collection (Superior, 10/1989), lot 3652.
2. Private collection, ca. 1968; Ahwash Collection; current whereabouts unknown.

The centers are rose-gray and surrounded by a significant ring of blue at the rim on each side. As stated above, the fields are exceptionally bright and highly reflective. The effect of the proof mirroring serves to enhance and brighten the toning on both obverse and reverse. When viewing this coin, one has the distinct impression that this is something special--a coin that has always been carefully taken care of and one whose special nature is beyond doubt. When looking at the pedigree listed on the roster above, it is obvious that major collectors have thought the same thing about this coin. And as also evident from the pedigree, it may be many years before it is again offered for sale.
From The Silbermünzen Collection.(Registry values: P6) (NGC ID# 23VS, PCGS# 5525)

View all of [The Silbermünzen Collection ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Only 4 days left to consign to the 2014 November 6 - 10 US Coins Signature Auction - Beverly Hills!
Learn About Consigning With Us
The pre-sale publicity was more than I imagined, and the actual catalog better than I had expected - and my expectations were high!
[ Entire Letter » ]
Jim Beasley, Tilden Coin Company,
Allamonte Springs, FL receives more traffic than any other auction house website. To compare for yourself, visit:
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $13,399,663
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED SO FAR $9,117,835
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,847,114