1910 $2 1/2 PR64 PCGS Secure. CAC....

Description

1910 Indian Two and a Half, PR64
Bright Roman Finish Example

1910 $2 1/2 PR64 PCGS Secure. CAC. According to Mint records, the Philadelphia Mint struck a series-high 682 proof Indian quarter eagles in 1910. Some numismatists have questioned the accuracy of these mintage figures, while others have suggested that the production total may be accurate, but an unusually high percentage of the proofs went unsold, due to collector dissatisfaction with the Roman Gold finish used on proofs in 1909 and 1910.

Alternatively, Roger Burdette theorizes that the high mintage figures were the result of increased orders by speculators during the year, because business-strike quarter eagles were not produced until very late and contemporary numismatists may have believed proofs would be the only examples available for the date. Once a substantial mintage of 492,000 quarter eagles was produced, in December of 1910, speculators simply spent the extra proof examples they had purchased. The Roman finish proofs were similar in appearance to regular-issue coins, aside from their square rims and sharper-than-average strike, and a short time in circulation would render them indistinguishable from business strikes. It is possible that a large number of proof coins are masquerading as business strikes in the population data today. In any case, the 1910 proof Indian quarter eagle is not significantly more available the other proof issues of the series in today's market, despite the large reported mintage.

The present coin is a sharply detailed Choice specimen, with brightly lustrous yellow-gold surfaces that show only minimal signs of contact. Outstanding eye appeal compliments the high technical quality. Population: 31 in 64, 17 finer (10/15).
From The Pacific Heights Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 289J, PCGS# 7959, GSID# 8621)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 682

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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