1902 $2 1/2 PR65 PCGS. JD-1. ...

Description

1902 Liberty Quarter Eagle, PR65
Rarely Seen Finer

1902 $2 1/2 PR65 PCGS. JD-1. Only 193 proof Liberty quarter eagles were struck in 1902, down from the substantial 223-piece production of the year before. John Dannreuther estimates the surviving population at 120-140 examples in all grades today. For some reason, the Mint switched to an all-brilliant finish for proof coins in 1902 and examples with cameo contrast are seldom encountered after that date. The Third Philadelphia Mint opened in October of 1901, and the new facilities and equipment might have played some part in the decision to abandon the old proof finish, with the frosted design elements, but no documentation on the subject has come to light.

The present coin is an attractive Gem proof, with sharply detailed design elements and deeply mirrored fields, but only modest field/device contrast. The vivid orange-gold surfaces exhibit no mentionable flaws and overall eye appeal is outstanding. Population: 12 in 65 (1 in 65+), 7 finer (6/19).(Registry values: P1)

Coin Index Numbers: (NGC ID# 288S, PCGS# 7928, GSID# 8585)

Metal: 90% Gold, 10% Copper
Weight: 4.18 grams
AGW: 0.12095oz
Mintage: 193

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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