LOT #2677 |
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1875 $2 1/2 AU58 NGC....
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Sold on Apr 30, 2009 for:
$13,800.00
Bid Source: Live: Floor bidder
Description
Impressive 1875 Liberty Quarter Eagle, AU58
Only 400 Pieces Struck
1875 $2 1/2 AU58 NGC. Boasting a minuscule mintage of only
400 pieces, the 1875 quarter eagle is one of the rarest and most
desirable issues in American gold coinage. In the Encyclopedia
of U.S. Gold Coins 1795-1933, Jeff Garrett and Ron Guth
estimate a surviving population of about 50 business strike
examples in all grades. Uncirculated examples are very rare, with
only six coins certified at both NGC and PCGS combined (3/09).
Because of the short production run, the dies did not wear, and all
examples seen have prooflike surfaces. One of the earliest auction
appearances of this date was in Haseltine's Sixty-Ninth Sale (John
W. Haseltine, 6/1883), lot 477, where Haseltine evaluated the coin
as "Uncirculated Proof surface."The present coin is sharply struck, with the usual prooflike fields, and minimal wear on the high points of the design. A few scattered marks are noted on each side, with one shallow, hard-to-see scratch on Liberty's face, all consistent with the grade. Census: 13 in 58, 2 finer (3/09).(Registry values: P2)
Coin Index Numbers: (NGC ID# 25KS, PCGS# 7822, GSID# 8300)
Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 400
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
2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 591
Buyer's Premium per Lot:
15% of the successful bid per lot.
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