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    Terrific Gem 1911-D Quarter Eagle

    1911-D $2 1/2 MS65 NGC. CAC. The Indian quarter eagle series is a tempting issue for the beginning gold collector. It is short, with just 15 distinct Guide Book issues; it is generally affordable, even in lower Mint State grades; and most of the pieces are readily available without too much searching or eventual outlay. There is, however, a single glaring exception, the reason so many Indian quarter eagle collections begun are never finished: the 1911-D.
    The mintage, less than a quarter that of its nearest competitor for lowest on the ladder, is only the beginning of this issue's challenging nature. It was also little-saved at the time of issue, and so the many collectors who seek a lesser Mint State example face the dual pressures of low supply and a crush of demand. Paradoxically, at the Gem level, the 1911-D has a certified population nearly equal to that of some of its fellow lower-mintage issues, suggesting that the pieces were consciously saved with almost equal frequency; the enormous price pressure from below, however, keeps the 1911-D from aligning with the other issues on price.
    This carefully preserved survivor offers extraordinary eye appeal. The obverse has boldly detailed, well-rounded devices, and the wire rim at the upper right (a diagnostic staple) is pronounced. The yellow-gold and wheat-gold reverse is luminous with the mintmark strongly defined, if not absolutely bold. The combined certified population shows just five numerically finer examples, two graded by NGC and three by PCGS (9/08).(Registry values: N10218)

    Coin Index Numbers: (NGC ID# 2894, PCGS# 7943)

    Weight: 4.18 grams

    Metal: 90% Gold, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    October, 2008
    23rd-24th Thursday-Friday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
    Page Views: 822

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    I wish to extend our appreciation to you for over $925,000.00 realized from the above subject auction. This amount realized was approximately $110,000.00 more than we anticipated.
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