1890 $2 1/2 PR67 Deep Cameo PCGS. CAC. JD-1, R.5....

Description

1890 Liberty Quarter Eagle, PR67
CAC-Approved Deep Cameo Example
Registry-Grade Specimen

1890 $2 1/2 PR67 Deep Cameo PCGS. CAC. JD-1, R.5. Ex: Simpson. The Philadelphia Mint struck a modest mintage of just 8,720 business-strike Liberty quarter eagles in 1890, since there was little commercial demand for the denomination. To compensate, a fairly generous proof mintage was accomplished that year, to satisfy collector demand. There is some confusion in the Mint records, as the official mintage figure for the proofs is 93 pieces, but delivery records indicate the coins were delivered in quarterly batches of 30, 15, 21, and 47 examples, for a total of 113 specimens. As often happens with low-mintage issues, prooflike circulation strikes exist and have often been mistaken for proofs in early public offerings. Fortunately, a single die pair was used to strike all the proofs, with distinctive die polish in the clear stripes of the shield that makes it easy to distinguish between real proofs and prooflike business strikes. This issue has a relatively high survival rate and John Dannreuther estimates 35 to 45 examples are extant in all grades today.

This spectacular Superb Gem proof displays sharply detailed design elements throughout, with fine definition on the star centers and eagle's talons. The virtually flawless yellow-gold surfaces include deeply mirrored fields that contrast profoundly with the richly frosted devices to create a startling cameo effect. Overall eye appeal is terrific and the high quality within the grade is confirmed by CAC. Among the finest-certified examples at PCGS, this coin is a Registry Set essential. This coin is pictured on PCGS CoinFacts. Population: 5 in 67 (2 in 67+) Deep Cameo, 0 finer. CAC: 6 in 67, 0 finer (11/23).(Registry values: P3)
Important Selections from The Bob R. Simpson Collection, Part XI.

Coin Index Numbers: (NGC ID# 288D, PCGS# 97916, Greysheet# 8551)

Weight: 4.18 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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