Description

    1846 Seated Quarter, PR64
    One of Only 13 Pieces Believed Known
    Ex: Eliasberg

    1846 25C PR64 PCGS. CAC. Briggs 4-F. Ex: Eliasberg. Dappled toning reveals itself in olive-gold and aquamarine hues on the reverse, while the obverse shows violet and ocean-blue around the periphery and warm sun-gold in the center. Deep, glassy fields highlight the softly frosted devices and are free of noticeable contact marks or hairlines. The top of Liberty's head and the adjacent stars are a trifle soft, but the strike is otherwise sharp, as expected for a proof Seated Liberty quarter.

    Variety: Briggs 4-F. All vertical shield lines extend well into the horizontal crossbars.

    Population Data (4/15): PCGS reports 10 examples in all grades, including one in PR63 and nine in PR64. NGC has seen nine submissions, with one in PR63, four in PR64, and four in PR65. These figures are highly inflated by resubmissions, as seen from the significantly lower number of examples actually believed known.

    Heritage Commentary: The cataloger of the Eliasberg Collection estimated that about a dozen 1846 proof Seated quarters were known, closely reflecting Larry Briggs' mintage estimate of 10 to 12 coins. Our roster contains 13 individual pieces, one of which resides in the Smithsonian Institution. Of these, the Eliasberg/Gardner coin ranks as fourth finest, trailing three PR65 NGC coins, namely the Kaufman specimen, the Pittman coin, and another Gem.

    This is only the fifth individual example of this rare issue that we have offered in the past two decades, the five coins making a total of just eight appearances, including the present offering. This is the first time we have handled this specific coin, and we expect ample collector interest in this high-end example of this extremely rare proof issue.

    Provenance: Louis E. Eliasberg, Sr.; Louis E. Eliasberg, Sr. Collection, Part II (Bowers and Merena, 4/1997), lot 1439.(Registry values: P4) (NGC ID# 23W9, PCGS# 5540)

    Weight: 6.68 grams

    Metal: 90% Silver, 10% Copper


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    Auction Info

    Auction Dates
    May, 2015
    12th Tuesday
    Bids + Registered Phone Bidders: 8
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