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    Description

    1831 Two and a Half, PR63 Cameo
    BD-1, JD-1, Very Rare Proof Type

    1831 $2 1/2 PR63 Cameo NGC. BD-1, JD-1, R.7 as a proof. The sole 1831-dated die pair, used for the low business production of 4,520 pieces as well as an unknown (but undoubtedly minuscule) proof mintage. Light obverse clash marks appear in the form of a second inner set of dentils partially visible around the rim. On the reverse -- carried over from 1830, and used through 1834 -- the numerator is much shorter than the denominator in the fraction. The U in UNITED was first engraved too far left, then reengraved in the proper position. A tiny die crack joins the left top corner of the T in UNITED to a dentil nearby. There is some strike softness on the eagle's wing to the left of the shield.

    Proofs are extremely rare. As of (3/21), few have been certified by the leading services. PCGS has graded two pieces as PR63 Cameo, and one each as PR63, PR64 Cameo, and PR66. NGC has certified one coin each as PR63 Cameo and PR66.

    Many of the same die diagnostics show on the Bass example depicted in the Bass-Dannreuther Early U.S. Gold Coin Varieties, a coin that Bass called "Proof?" with the question mark. Both Bass-Dannreuther and Garrett and Guth note that unquestioned proofs as well as questioned ones exist for the 1831 quarter eagle. NGC, of course, clearly believes in the proof status of this piece -- as do we. We would mention, however, that not all early proofs are fully struck, contrary to the opinions of some collectors. The highly mirrored, deeply reflective fields and the lack of any visible clash marks or adjustment marks are convincing themselves of a proof striking, but the incomplete strike on the reverse certainly does not rule out the coin's status. The fields also lack any hint of frostiness. This lovely yellow-gold specimen is destined for an advanced early gold collection.
    Ex: Rarities Sale (Bowers and Merena, 7/2002), lot 700; Central States Signature (Heritage, 5/2009), lot 2674; FUN Signature (Heritage, 1/2012), lot 4736.
    From The Gibney Family Collection.

    Coin Index Numbers: (PCGS# 87686)

    Weight: 4.37 grams

    Metal: 91.67% Gold, 8.33% Copper


    View all of [The Gibney Family Collection ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    April, 2021
    22nd-25th Thursday-Sunday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
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