1909 $2 1/2 PR65 NGC. JD-1, High R.4....

Description

1909 Quarter Eagle, PR65
Rare in All Grades

1909 $2 1/2 PR65 NGC. JD-1, High R.4. The mintage of the 1909 Indian quarter eagle proof was only 139 coins. PCGS offers a generous survival estimate of less than 100 pieces known. In his recent treatise of proof gold die varieties, United States Proof Coins, Vol. IV: Gold, John Dannreuther records a total sales figure for the issue of just 78 pieces, of which he estimates a survivorship of 50 to 60 coins in all grades. Grading service populations are greatly inflated in the PR63 and PR64 levels from upgrade attempts. Gem-quality coins are indeed rare, although they appear at auction once in a while, much to the delight of patient matte proof Indian gold specialists. This piece represents one of those occasions. Luster is bright and satiny, as is characteristic of the 1909 proof, and detail is sharp. Rich straw-gold color adorns the unmarked fields and devices. Census: 9 in 65, 9 finer (11/19).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 289H, PCGS# 7958, Greysheet# 8620)

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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