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    Description

    1875 Quarter Eagle, PR64 Cameo
    Legendary Gold Rarity
    Only 20 Pieces Minted

    1875 $2 1/2 PR64 Cameo NGC. CAC. JD-1, R.6. Any gold coin with an 1875 date has a special cachet for numismatists, as the year saw extremely low mintage totals for all gold denominations except the double eagle. Only 400 business strike quarter eagles were minted in 1875, and a mere 20 gold proofs were produced. Today, only 10 to 12 proof examples are known in private hands, with one example impounded in the National Numismatic Collection in the Smithsonian, and another in the ANS Collection.

    The elusive nature of the proof 1875 quarter eagle was recognized at an early date. In its infrequent early auction appearances, catalogers emphasized the low mintage figure for the 1875, and touted its rarity. A typical citation from the William H. Woodin Collection (Thomas Elder, 3/1911), lot 1018 reads, "1875. Proof. Excessively rare. Only 20 coined, in proof. Plate." In recent times, auction appearances occur at intervals of one to two years, and the offerings are always hotly contested. The all-time high price at auction for an NGC-graded PR66 Cameo example was lot 1848 of the Milwaukee Signature Auction (Heritage, 8/2007), where it realized $92,000. A PCGS-certified PR66 Cameo brought $102,145 in our 2019 ANA Signature.

    The present coin is a magnificent Choice proof example, with razor-sharp definition evident on all design elements. Fine detail is present in Liberty's hair and all star centers show complete radials. The surfaces are a rich orange-gold color with intense green highlights. The fields are deeply mirrored, and contrast boldly with the frosty devices. We expect spirited competition from series enthusiasts when this lot is called. Census: 1 in 64 Cameo, 3 finer. CAC: 2 in 64, 1 finer (8/20).
    Ex: FUN Signature (Heritage, 1/2011), lot 5035.(Registry values: P7)

    Coin Index Numbers: (NGC ID# 287W, PCGS# 87901)

    Weight: 4.18 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    October, 2020
    15th-18th Thursday-Sunday
    Bids + Registered Phone Bidders: 28
    Lot Tracking Activity: N/A
    Page Views: 1,503

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    I wish to extend our appreciation to you for over $925,000.00 realized from the above subject auction. This amount realized was approximately $110,000.00 more than we anticipated.
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