LOT #3316 |
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1915 $2 1/2 PR67 PCGS....
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Sold on Dec 3, 2015 for:
$42,300.00
Bid Source: Internet bidder
Description
1915 Quarter Eagle, Magnificent PR67
Tied for Finest of This Final Matte Proof Issue
1915 $2 1/2 PR67 PCGS. "This is the final year of Proofs
issued for this series. Collector demand had fallen in most years,
and Proof gold coinage was halted in 1916 for regular-issue gold
denominations." So Garrett and Guth begin their entry for the proof
1915 quarter eagle in their Encyclopedia of U.S. Gold Coins.
More at length on this theme, they write:"Long considered to be the key date to the Proof series, the 1915 issue has earned its reputation as a rarity with few offerings and constant demand. ... [T]he 1915 quarter eagle Proof has always commanded attention, with a tiny mintage of just 100 pieces. Also, being the final year of issue, precious few of these coins remain in gem grades to satisfy collector demand."
Perhaps only 60 to 75 pieces are extant in all grades. This Superb Gem, one of just four coins so-certified by PCGS with none finer (10/15), is among the most remarkable representatives known. Both sides are exquisitely preserved and display rich orange-gold color. The texture is granular, in accordance with the notes by Garrett and Guth, who state: "The 1915 Indian Head quarter eagles were struck in the identical finish as the 1914 issue, employing the darker and coarser finish to the coins." With its sharp strike and great all-around eye appeal, this absolutely incredible coin deserves a place in the finest of classic gold cabinets.
Ex: FUN Signature (Heritage, 1/2011), lot 5056; Chicago Signature (Heritage, 8/2011), lot 7478; Philadelphia Signature (Heritage, 8/2012), lot 5320.
From The Leon Hendrickson Collection.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 289P, PCGS# 7964, Greysheet# 8626)
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.
View all of [The Leon Hendrickson Collection ]
Auction Info
2015 December 3 - 6 Houston Money Show US Coins Signature Auction - Houston #1227 (go to Auction Home page)
Auction Dates
December, 2015
3rd-6th
Thursday-Sunday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 1,095
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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