LOT #10125 |
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1901 $2 1/2 PR68+ Deep Cameo PCGS. CAC. JD-1, Low R.4....
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Sold on Sep 17, 2020 for:
$52,800.00
Bid Source: HA.com/Live bidder
Description
1901 Quarter Eagle, PR68+ Deep Cameo
Condition Census-Level Example
Ideal Liberty Head Type Coin
1901 $2 1/2 PR68+ Deep Cameo PCGS. CAC. JD-1, Low R.4. Ex:
Simpson. The 1901 quarter eagle represents the pinnacle of proof
production in the series and one of the most available dates
overall. The Mint increased production from 205 proofs in 1900 to
223 pieces in 1901, continuing a general trend of increasing proof
output year over year dating back to 1880. Delivery dates for the
1901 proof are as follows: 115 examples on March 26, 32 on June 18,
17 on September 24, and 30 on December 30.John Dannreuther estimates 130 to 170 1901 quarter eagle proofs survive in his 2018 reference, United States Proof Coins, Volume IV: Gold, Part One. He writes: "There are many cameo and deep cameo specimens to be found. This date is one of the two most often seen along with the 1900, probably a bit more often than that date." However, the number survivors at this grade level is minuscule. In fact, this PR68+ Deep Cameo ranks third on Dannreuther's Condition Census behind two PR69 Deep Cameo representatives also certified by PCGS.
Setting aside the thick frosting over the devices and the remarkable orange-peel texture in the fields, tiny raised lumps and die lines on Liberty's check and neck help distinguish this Superb Gem proof from one of its circulation-strike counterparts. The fields appear jet-black and depthless, generating terrific contrast against the raised design features, which showcase a rich yellow-gold hue. This pristine proof would make for a lovely, nearly unimprovable Liberty Head quarter eagle type coin. Population: 2 in 68 (1 in 68+) Deep Cameo, 2 finer. CAC: 2 in 68, 0 finer (8/20).(Registry values: P1)
Coin Index Numbers: (NGC ID# 288R, PCGS# 97927, Greysheet# 8584)
Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.13oz
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.
Auction Info
2020 September 17 Important Selections from The Bob R. Simpson Collection, Part I #1310 (go to Auction Home page)
Auction Dates
September, 2020
17th
Thursday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 861
Buyer's Premium per Lot:
20% of the successful bid per lot.
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