1895 $2 1/2 PR67+ Deep Cameo PCGS. CAC. JD-1, High R.4....

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Sold on May 5, 2022 for:

$43,200.00 Bid Source: HA.com/Live bidder

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1895 Two and a Half, PR67+ Deep Cameo
CAC Endorsed and Nearly Perfect

1895 $2 1/2 PR67+ Deep Cameo PCGS. CAC. JD-1, High R.4. Ex: Simpson. In most cases the die variety designation for proof gold coins is unnecessary for proofs since most dates were struck from a single pair of dies. That is the case with the 1895 quarter eagle as well, but it was commonly misunderstood in the past, beginning with Walter Breen. As John Dannreuther points out in his masterful proof gold encyclopedia:

"The date position on the Proofs has the 1 lower with a slight depression in the dentils below caused by the logotype punch. The other die used for the commercial strikes has the 1 higher and no 'bitten' dentils. One can see that without the aid of today's digital photographs, these two dies could easily be confused. Walter Breen had to use 35 millimeter photographs and the coins to identify the dies. With such similar date placements, nearly every numismatist also came to the same wrong conclusion."

The series of proof quarter eagles from the 1890s is a uniformly attractive and well-produced set of coins. Each date is available (to varying degrees) with the profound cameo contrast as seen on this issue. This decade is best known for the three years, 1896 through 1898, which are generally regarded as the epitome of brilliant proof production. However, because of the tiny mintages for each year the initial die polish never really had a chance to dim, with the result that each year from this decade is available with contrast.

This example approaches technical perfection. There just aren't any mentionable contact marks or imperfections that can used as a pedigree identifier. The closest to an identifier we have found is a short, curved lint mark next to star 5, but it hasn't helped us find this piece in a previous auction (and we have tried). The surfaces are bright yellow-gold with the usually seen orange peel texture in the fields. Fully struck, of course. Population: 6 in 67 (3 in 67+) Deep Cameo, 2 finer. CAC: 6 in 67, 1 finer (2/22).(Registry values: P2)

Coin Index Numbers: (NGC ID# 288J, PCGS# 97921, Greysheet# 8566)

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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