Description

    1870 Quarter Eagle, PR65
    Eye-Appealing and Conditionally Rare

    1870 $2 1/2 PR65 PCGS. CAC. Another in the string of remarkable rarities from this superb consignment, the present Gem proof 1870 quarter eagle is the sole finest certified at PCGS with non-Cameo surfaces, tied numerically with a single PR65 Deep Cameo (8/12). Amazingly, only four submissions appear for the 1870 quarter eagle proof in all unimpaired grades, the other two both PR64 non-Cameo examples. PCGS has also seen two proofs that it graded PR58, i.e. lightly circulated examples.
    The situation is similar at NGC, which has also seen four submissions in all unimpaired grades: one in 60, one each in 61 Cameo and 66 Cameo, and one in 66 Ultra Cameo. Given the total of eight submissions at both services combined, we would be surprised if a dozen examples of the issue survive to this day.
    What factors combine to make the proof 1870 quarter eagles so rare? The mintage is one obvious starting point, a recorded 35 pieces, but the Mint may not have sold all of those coins during the Reconstruction Era, quietly melting them as unsold at year-end. The meager mintage of circulation strikes was only 4,520 pieces, as well. The presence of a couple of lightly circulated proofs in the certified populations points up another factor -- attrition -- that is always a factor in proof gold from more than 140 years ago. Perhaps some other examples were spent and not recovered from circulation, until they became so worn as to be unrecognizable today.
    This Gem offers moderate field-device contrast on deep orange-colored surfaces, not quite at the Cameo level but still perceptible and extremely attractive. Lovely lilac accents appear on Liberty's neck and the interstices of the coronet around LIBERTY. The reverse shows similar colors, orange and gold with lilac glints around the eagle. The eye appeal and conditional rarity are equally compelling.
    From The Nottingham Collection.(Registry values: P5) (NGC ID# 7K7X, PCGS# 7896)

    Weight: 4.18 grams

    Metal: 90% Gold, 10% Copper


    View all of [The Nottingham Collection ]

    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    October, 2012
    18th-21st Thursday-Sunday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 1,094

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 14 days left to consign to the 2017 December 7 - 8 World Coins Signature Auction - Hong Kong!

    Learn about consigning with us

    With all these; friendly people, highly professional staff, superb web site makes you a winner.
    V.M.C,
    San Leandro, CA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 September 7 - 10 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 September 7 - 10 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $9,146,256
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    REALIZED SO FAR $5,423,764
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    REALIZED $1,519,316