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Description

1908 Quarter Eagle, Well-Preserved PR66
Struck With a Matte Texture

1908 $2 1/2 PR66 NGC. The 1908 Indian quarter eagle proofs were struck with a heavy, coarse-grain, matte or sandblast texture. Despite the fact that this type of finish was unpopular among contemporary collectors, they were apparently saved as novelties by both collectors and non-collectors due to the first-year-of-issue. Indeed, NGC and PCGS have graded about 225 specimens, a figure approaching the 236 coins reported struck! Many certified coins are resubmissions as at least one-third of the original mintage was melted as unsold at the end of the year.

Our PR66 offering displays the deep khaki-gold coloration most often seen on these coins. The design elements are well-struck and both sides have been very well cared for. This last factor is extremely important because when distractions are present on this type of finish they often appear as shiny spots which can be quite distracting. Census: 37 in 66, 31 finer (11/13).(Registry values: N7079)

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.

View Certification Details from NGC

Auction Info

Auction Dates
January, 2014
8th-12th Wednesday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 891

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

Sold on Jan 9, 2014 for: $27,142.50
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