1908 $2 1/2 PR64 PCGS Secure. CAC....

Description

1908 Indian Quarter Eagle, PR64
First-Year Matte Proof Issue

1908 $2 1/2 PR64 PCGS Secure. CAC. The innovative sunken Indian Head design was introduced on the quarter eagle and half eagle in 1908. An optimistic proof mintage of 236 quarter eagles was accomplished, in anticipation of increased collector demand for the new issue. Unfortunately, while there was some initial enthusiasm for the new design, contemporary collectors did not like the dark matte finish used on the proof coins. In the end, no more than 60%-70% of the reported mintage was actually distributed, with the remainder destroyed at the mint after the close of the year.

The present coin is an attractive Choice example, with sharply detailed design elements in most areas. For some unexplained reason, possibly incomplete detail on the dies, the feathers on the eagle's wing are always softly rendered on this issue, and the coin offered here does show a touch of the usual softness in that area. The pleasing orange-gold surfaces show only minor signs of contact and overall visual appeal is quite strong. Population: 24 in 64, 45 finer (10/15).
From The Pacific Heights Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 289G, PCGS# 7957, GSID# 8619)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 236

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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