1901 $2 1/2

Description

PCGS 1901 PR 66. The 1901 proof quarter eagle is one of the more easily obtainable proofs in the Coronet series. There were 223 pieces struck and, of course, far fewer exist today, perhaps as few as half that number. The 1901 is one of the few dates that can be occasionally located with field to device contrast, the no-contrast style of proofing becoming standard the following year.
The surfaces are immaculate--a "perfect proof" as these coins were called years ago. The only superficial flaws we can find are a tiny, hairline-thin mark between the forelock of Liberty's hair and star 5, and a minute nick below the eye of Liberty. Otherwise, there are a few obvious die striations and several tiny planchet flakes scattered about, but nothing truly detracting. Deep, deep mirrors in the fields with starkly contrasting frosted devices. Simply outstanding quality, this is one of the finest proofs known of this date. Population: 9 in 66, 3 finer (4/94). Purchased by Mr. Faraday from Mal Varner at the NASC show on February 26, 1972 for $375.

Coin Index Numbers: (NGC ID# 288R, PCGS# 7927, GSID# 8582)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.13oz
Mintage: 223

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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