1831 $2 1/2 PR63 Cameo PCGS. BD-1, R.7 as a Proof. ...

Description

1831 BD-1 Quarter Eagle, PR63 Cameo
Only Five or Six Proofs Known

1831 $2 1/2 PR63 Cameo PCGS. BD-1, R.7 as a Proof. Early proof quarter eagles are extremely rare, and only three dates have been certified as proof. They are 1821, 1831, and 1833. For all three issues, PCGS and NGC have certified a total of just 14 submissions in all grades. The actual population of proof specimens is estimated at three or four of 1821, five or six of 1831, and two or three of 1833. Other dates may exist in proof format, in extremely small populations of only one or two coins, if any at all. For all dates and grades combined, less than 20 obvious proofs survive.

The survival numbers have appeared to be quite large over the years. Catalogers would routinely call any reflective example a proof in years past, and that practice suggests a substantially higher population that truly survives. Many prooflike examples are the result of early strikes from freshly made dies, or from dies that have been resurfaced following clashing accidents.

Like other certified proofs, this piece is an obvious proof, apparent without detailed study. The obverse and reverse fields are fully and deeply mirrored, with sharp junctions where they meet the devices. The devices themselves are boldly defined and fully lustrous, creating exceptional cameo contrast. A few trivial marks in the fields are reflected in the mirrored surfaces, and they prevent a higher grade. This is an outstanding and extremely rare early proof gold coin for the connoisseur. Population: 1 in 63, 1 finer (11/15).(Registry values: P2)

Coin Index Numbers: (NGC ID# BFWH, PCGS# 7686, Greysheet# 8231)

Weight: 4.37 grams

Metal: 91.67% Gold, 8.33% 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.

View Certification Details from PCGS