LOT #1913 |
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1914 $2 1/2 MS65 PCGS....
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Sold on Jul 31, 2008 for:
$37,375.00
Bid Source: Internet bidder
Description
Wonderful Gem 1914 Indian Head Quarter Eagle
Among the Most Elusive Issues in MS65
1914 $2 1/2 MS65 PCGS. Those who are less than intimately
familiar with the series might group the 1914 Indian Head quarter
eagle with the 1913 and 1912 issues, but such a move would be one
precisely in the wrong direction. The 1914 actually has more in
common with the 1914-D and the 1911-D.While the 1912 saw a production of more than 600,000 coins and the 1913's emission was an even-more-generous 722,000 pieces, the 1914 mintage of 240,000 examples was the second lowest of the entire series. In Gem condition the 1914 is downright rare. Considering the numbers certified at NGC and PCGS in Gem and finer grades, the 1914 appears second only to the 1914-D, with the key 1911-D in third place in total Gems graded. As of (6/08), NGC and PCGS combined have certified 67 examples of the 1914-D in MS65, with one finer; 80 examples of the 1914 in MS65, with six finer; and 86 examples of the 1911-D in MS65, with six finer. (Numbers 4 through 7 on that list are the 1912, 1913, 1911, and 1910, respectively.)
Since the Indian Head quarter eagle series has the desirable reputation as one of the few 20th century gold series that can reasonably be completed, this contributes added desirability to the present piece. (It must be mentioned, however, that the typical complete set seen in the marketplace is AU58 to MS62.) If a collector has the abundant means necessary to attempt a Gem set, this would be one of the most elusive members of that assembly. It would, of course, also make a marvelous type coin.
While this coin's MS65 grade is obviously a combination of factors, they all work out, in essence, to eye appeal. There are essentially no marks visible without a loupe, and even under magnification the few marks present are away from the focal areas, as expected. The color is wonderful antique-gold, with mattelike surfaces and good luster. The strike is sharp, showing good articulation on the headdress feathers and the eagle's plumage. PCGS has certified only three coins of the issue finer, with three more at NGC (6/08).
(Registry values: N4719)
Coin Index Numbers: (NGC ID# 2898, PCGS# 7946, GSID# 8609)
Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 240,000
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.
Auction Info
2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114 (go to Auction Home page)
Auction Dates
Jul-Aug, 2008
30th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 805
Buyer's Premium per Lot:
15% of the successful bid per lot.
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