1911 $2 1/2 PR67+ PCGS. CAC. JD-1, R.4....

Description

1911 Quarter Eagle, PR67+
Only One Finer Coin at PCGS
CAC-Approved Quality

1911 $2 1/2 PR67+ PCGS. CAC. JD-1, R.4. In a vote taken at the 1910 ANA Convention, collectors rejected the Satin Finish used on gold proofs in 1909 and 1910, in favor of the old sandblast finish used in 1908. Accordingly, the Philadelphia Mint switched back to the matte, or sandblast, finish for proofs in 1911. A finer grain of sand was used for the sandblasting in 1911, giving the coins a lighter, more sparkling appearance than the 1908 proofs. The Philadelphia Mint struck a modest mintage of 191 proof quarter eagles in 1911, all from a single pair of dies. The proofs were struck in two batches, with the first group of 150 pieces delivered on May 20, and a second lot of 41 proofs on December 9. Unfortunately, the sandblast finish was no more popular with collectors than the Satin Finish had been, and it seems likely that some of the proofs went unsold and were melted after the end of the year, or simply released into circulation. In United States Proof Coins, Volume IV: Gold, John Dannreuther estimates the surviving population at 100-120 examples in all grades today.

The present coin is a magnificent Plus-graded Superb Gem, with razor-sharp definition on all of the design elements and virtually pristine mustard-yellow surfaces that radiate unbroken matte luster from both sides. The high quality within the grade is confirmed by CAC and overall eye appeal is terrific. PCGS has graded only one specimen in a higher numeric grade (3/23).This coin should find a home in the finest collection or Registry Set. This coin is pictured on PCGS CoinFacts. Population: 29 in 67 (3 in 67+), 1 finer. CAC: 14 in 67, 1 finer (3/23).(Registry values: N7079)

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

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.13oz
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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