1875 $2 1/2 PR64 Cameo NGC. CAC....

Description

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

1875 $2 1/2 PR64 Cameo NGC. CAC. 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 10-12 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 NGC graded PR66 ★ Cameo example in lot 1848 of the Milwaukee Signature Auction (Heritage, 8/2007) realized $92,000.
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: 2 in 64 Cameo, 3 finer (11/10).
From The Henry Miller Collection.(Registry values: P7)

Coin Index Numbers: (NGC ID# 287W, PCGS# 87901, Greysheet# 8505)

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.

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