1845 Seated Quarter, PR65
    One of Six Confirmed Proofs
    The Clapp-Eliasberg-Kaufman Example

    1845 25C PR65 NGC. Briggs 5-E. Ex: Eliasberg. Largely violet-gray surfaces display splashes of blue, green, and russet iridescence. The proof strike produces full detail on each side. Diagonal striae occur in a northwest to southeast fashion on the reverse. A small lint mark in the right obverse field serves as pedigree identifier, and there are no discernible impairments aside from an expected number of minor contact marks.

    Variety: Briggs 5-E. The 845 in the date is recut with the underlying digits positioned left of the corrected figures. Briggs adds that this is a Large 5 over Small 5. There are no listed reverse diagnostics.

    Population Data (9/15): NGC reports four submissions in PR64, two in PR65, and one in PR66. PCGS shows two in PR63 and five in PR64 (one PR64+). Included in these data are numerous resubmissions.

    Heritage Commentary: Larry Briggs estimates that "approximately six proofs" are extant, while Breen's Encyclopedia claims six proofs are known. Our auction records corroborate those estimates (see roster below). This example once resided in the collections of William Dickinson, the Clapps, Louis E. Eliasberg, Sr., and Phil Kaufman. It last sold as lot 1112 in Bowers and Merena's Rarities Sale of March 1999, where it was described as: "A reflective light gray gem with rich gold, blue, and rose iridescence on both sides. A prized rarity with perhaps just a half dozen or so specimens currently known ... ."

    1845 Proof Seated Quarter Roster
    1. PR66 NGC. Menjou Collection (Numismatic Gallery, 6/1950), lot 715; John Jay Pittman; Pittman Collection (David Akers, 5/1998), lot 1711, as part of a complete 1845 proof set; Phil Kaufman Collection (Heritage, 1/2008), lot 3030; FUN Signature (Heritage, 1/2009), lot 3765; Chicago Signature (Heritage, 8/2013), lot 5589; Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98394.
    2. PR65 NGC. William Dickinson Collection (S.H. and Henry Chapman, 3/1894), lot 387; J.M. Clapp; John H. Clapp; Clapp Estate (1942); Louis E. Eliasberg, Sr.; Eliasberg Collection (Bowers and Merena, 4/1997), lot 1437; Phil Kaufman; Rarities Sale (Bowers and Merena, 1/1999), lot 1112. The present coin.
    3. PR64 PCGS. George Earle Collection (Henry Chapman, 6/1912), lot 3088; Ryder Collection; Wayte Raymond; 49th Sale (New Netherlands, 6/1957), lot 1152; Long Beach Signature (Heritage, 2/2012), lot 3489; Central States Signature (Heritage, 4/2014), lot 5582.
    4. PR64 NGC. Eric P. Newman / Central States Signature (Heritage, 4/2013), lot 3904.
    5. PR63 PCGS. Possibly the same as one of the coins below.
    6. Proof. Smithsonian Institution.

    Additional Appearances
    A. Proof. Harmer Rooke (11/1989).
    B. Brilliant Proof. Howard R. Newcomb Collection (Morgenthau, 2/1945), lot 614.
    C. Brilliant Proof. Matthew A. Stickney Collection (Henry Chapman, 6/1907), lot 1174.
    D. Proof. Matthew A. Stickney Collection (Henry Chapman, 6/1907), lot 1789, as part of an original seven-piece proof set, which realized $250.(Registry values: P5) (NGC ID# 23W8, PCGS# 5539)

    Weight: 6.68 grams

    Metal: 90% Silver, 10% Copper

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

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    October, 2015
    28th Wednesday
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