1911 $2 1/2 PR66 PCGS....

Description

Splendid 1911 Quarter Eagle, Matte PR66

1911 $2 1/2 PR66 PCGS. The history of the proof gold coinage of the United States after 1902, and particularly starting with the introduction of the new Saint-Gaudens and Pratt designs in 1907 and 1908, is an interesting but confusing one. In the case of the quarter eagle proofs, the Mint in 1908 introduced a heavy matte, coarse-grained texture that bombed with the collecting public. The Roman or satin finish of the 1909-1910 coinage was similarly unpopular, and in 1911 the matte texture reappeared. The matte texture of 1911 was, however, a finer-grained effect that apparently had better resilience: "This date has the largest population of gem condition or finer pieces, and if a PF-66 or even PF-67 coin is desired, this date is the most obtainable of the series" (Garrett and Guth, 2006).
This piece boasts splendid, smooth olive-gold surfaces that appear almost completely undisturbed. Only a couple of tiny luster grazes appear under a loupe, under the ED of UNITED on the reverse and to the left of IN above the eagle's back. The strike is all that can be desired. A wonderful coin to represent this elusive matte gold proof type. Population: 11 in 66, 15 finer (12/08).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 289K, PCGS# 7960, GSID# 8622)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 191

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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