LOT #3159 |
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1910 $2 1/2 PR67+ NGC. JD-1, R.4....
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Sold on Feb 24, 2022 for:
$55,200.00
Bid Source: HA.com/Live bidder
Description
1910 Quarter Eagle, PR67+
Two-Year Proof Type
1910 $2 1/2 PR67+ NGC. JD-1, R.4. The 1910 is the second in
a two-year type for proof gold -- the so-called "bright" proofs --
otherwise known by the enigmatic Roman Gold moniker. Essentially
these proofs were struck on untreated planchets and also received
no post-striking treatment, like sandblasting. The curious mintage
of 682 proofs for this year is apparently because no circulation
strikes had been produced by the time the proofs were struck, and
collectors thought this might end up being a proof-only year. In
his two-volume reference on proof gold, John Dannreuther
expands:"Just as they had done in the 1880s with the quarter and half dollar production, the Mint realized that rampant speculation in Proofs would ensure 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."
Regarding the similarity between proofs and circulation strikes of this and the previous year, JD states:
"Unless one encounters a very lightly circulated 1910 quarter eagle, it is unlikely to be confused with a regular production issue. The fine satin surfaces of these and the 1909 Proofs are somewhat like some of the regular production coins, however, so some dealers and collectors have submitted unworn coins hoping for a Proof design."
There is no confusion about the status of this magnificent piece. The surfaces display the expected bright yellow-gold color with no obvious contact marks. In an unusual twist for a proof gold piece, the lowest feather of the headdress shows some softness of strike. Census: 12 in 67 (2 in 67+, 2 in 67★ ), 4 finer (1/22).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 289J, PCGS# 7959, Greysheet# 8621)
Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.13oz
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.
Auction Info
2022 February 24 - 27 Long Beach Expo US Coins Signature® Auction #1342 (go to Auction Home page)
Auction Dates
February, 2022
24th-27th
Thursday-Sunday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 347
Buyer's Premium per Lot:
20% of the successful bid per lot.
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