Description

    1909 Quarter Eagle, PR64
    Most Elusive Indian Proof in High Grade

    1909 $2 1/2 PR64 PCGS Secure. Although present-day numismatists prize the various matte proof issues of the early 20th century for their high technical quality and medallic appearance, contemporary collectors preferred the brilliant reflective proof finish used in earlier years. To address this collector dissatisfaction, the Philadelphia Mint experimented with the Roman Gold finish on proofs in 1909. The Roman finish proofs were brighter and more vibrant than their dark matte counterparts of the previous year, but collectors still regarded them as inferior to the old proofs and sales continued to drop. Although the mintage of proof quarter eagles was reduced significantly, to just 139 examples, a number of coins went unsold and were melted after the end of the year. Today, the 1909 proof Indian quarter eagle is the most elusive date of the series in high grade.

    The present coin is an attractive Choice specimen, with sharply detailed design elements throughout. The bright yellow and orange-gold surfaces are well-preserved and lustrous, with outstanding eye appeal. Finer examples are very rare. Population: 15 in 64, 2 finer (10/15).
    From The Pacific Heights Collection.(Registry values: N4719) (NGC ID# 289H, PCGS# 7958)

    Weight: 4.18 grams

    Metal: 90% Gold, 10% Copper


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    Auction Dates
    January, 2016
    6th-11th Wednesday-Monday
    Bids + Registered Phone Bidders: 9
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