1912 $2 1/2 PR66 NGC....

Description

1912 Quarter Eagle, PR66
Only 90 to 110 Pieces Believed Known

1912 $2 1/2 PR66 NGC. Ex: Simpson. Proof quarter eagle production in 1912 amounted to 197 coins, all delivered in March of that year. In United States Proof Coins, Vol. IV: Gold, John Dannreuther estimates that 90 to 110 pieces survive in all grades. While contemporary collectors viewed the sandblast finish with a measure of contempt, having preferred the polished fields of earlier years, the matte proofs of 1912 and other dates are much more appreciated by modern collectors. Dannreuther writes, "When not cleaned, these are very beautiful coins that are obviously more appreciated by today's collectors than those during the time they were produced."

The Simpson 1912 quarter eagle is a Premium Gem, ranking it among finer specimens to typically be seen at auction. NGC and PCGS each report fewer than a dozen higher-grade examples. Rich matte luster glistens beneath a light, reveal almost perfectly preserved surfaces. As expected, strike sharpness is outstanding. Warm orange-gold hues on each side have tendencies toward shades of prairie-gold and yellow, giving the viewer much to admire when tilted beneath a light. Census: 21 in 66, 11 finer (9/20).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 289L, PCGS# 7961, GSID# 8623)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 197

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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