1910 $2 1/2 PR66+ PCGS. CAC. JD-1, R.4....

Description

1910 Quarter Eagle, PR66+
High-End CAC Proof Type Coin

1910 $2 1/2 PR66+ PCGS. CAC. JD-1, R.4. The 1910 boasts the highest reported mintage of the proof Indian quarter eagle series, at 682 pieces. The issue is significantly scarcer than that production figure would suggest, and it has been believed in the past that the reported coinage was incorrect. However, recent research by Roger Burdette suggests that the Mint did indeed strike 682 proof quarter eagles in 1910, prompted by a significant swell in collector demand during the last half of the year. That collector demand is believed to have been spurred by a lack of business strike coinage for the quarter eagle denomination and thus speculation that the date might become a valuable proof-only issue. A report in the October 1910 issue of The Numismatist, noting that at that time to quarter eagles had yet been struck for circulation, sustains this theory. John Dannreuther, in United States Proof Coins, Volume IV: Gold, writes:

"[T]he Mint realized that rampant speculation on Proofs would ensue if no regular production coins were issued, so a quantity of regular issue 1910 quarter eagles were made in the last quarter. Collectors who had ordered 1910 Proof quarter eagles realized that their coins would not be rare Proof-only products and likely spent them."

This example is high end for the date, and it is a rarity in this grade, even if just outside of the Condition Census. Pristine, luminous surfaces yield rich apricot-gold color with no distracting marks. CAC endorsement adds to the appeal. One of likely less than 100 proofs known in all grades. Population: 15 in 66 (3 in 66+), 2 finer. CAC: 14 in 66, 2 finer (7/23).(Registry values: N7079)
From The Del Mar Collection.

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

Weight: 4.18 grams

Metal: 90% Gold, 10% Copper

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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