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    Description

    1848 Seated Liberty Quarter, PR65+ Cameo
    Only Certified Cameo Example
    Second-Finest Certified

    1848 25C PR65+ Cameo PCGS. Briggs 2-C. The 1848 Seated Liberty quarter is very rare in proof format. David Akers knew of only five examples in 1998 and Larry Briggs suggests only 8-10 pieces survive, struck from two obverse and one reverse die. PCGS CoinFacts estimates the surviving population at just 6-8 specimens in all grades and the two leading grading services have combined to certify a total of six coins between them (3/15). We have compiled a list of all the coins known to us below, seven distinct examples, including two coins in institutional collections, and a number of early appearances that may or may not represent the coins in the main roster.

    The present coin is a new addition to the roster, which is updated from the listing in our Long Beach Signature (1/2015). Since the PR66 NGC Eliasberg specimen no longer appears in their Census, this coin is now the second-finest certified example, by virtue of its plus designation. Apparently, it has been off-the-market for decades, as we can find no previous appearance of this piece. It possesses tremendous eye appeal to complement its high technical grade. The design elements exhibit razor-sharp definition throughout and the frosty devices stand out in bold cameo contrast against the deeply reflective fields. The well-preserved surfaces are blanketed in attractive shades of champagne-gold toning, with a few hints of lilac and blue. Combining absolute rarity, outstanding technical grade, and unsurpassed eye appeal, this coin should find a home in the finest collection or Registry Set. Population: 1 in 65+ Cameo, 0 finer (3/15).

    Roster of 1848 Proof Seated Liberty Quarters
    1. PR66 PCGS. Howard Rounds Newcomb; Newcomb Collection, Part II (Morgenthau, 5/1945), lot 833; John Jay Pittman; Pittman Collection, Part II (David Akers, 5/1998), lot 1314; Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98395, realized $64,625.
    2. PR66 NGC in 2013, no longer listed in the Census. Louis E. Eliasberg, Sr.; Eliasberg Collection, Part II (Bowers and Merena, 4/1997),lot 1443; Phil Kaufman Collection/Baltimore ANA Signature (Heritage, 7/2008), lot 1818, realized $63,250; Chicago Signature (Heritage, 8/2013), lot 5590, realized $55,812.50.
    3. PR65+ Cameo PCGS. We can find no prior appearance of this coin. The coin offered here.
    4. PR65 NGC. Possibly Wayte Raymond; Sale 33 (New Netherlands, 4/1951), lot 484; Sale 41 (New Netherlands, 9/1953), lot 734; Kagin; ANA Signature (Heritage, 8/1996), lot 7100; Long Beach Signature (Heritage, 1/2015), lot 3102.
    5. Brilliant Proof. Hillyer Ryder; Wayte Raymond; Sale 49 (New Netherlands, 6/1957), lot 1154; Eugene Gardner; Stadiem-Gardner Collection (Stack's, 2/1965), lot 1642.
    6. Proof. National Numismatic Collection, Smithsonian Institution.
    7. Proof. R.C.H. Brock; J.P. Morgan; American Numismatic Society.

    Additional Appearances
    A. John F. McCoy Sale (W. Elliot Woodward, 5/1864), lot 375, part of a complete silver proof set, sold to Levick for $50; Fifth Semi-Annual Sale (Woodward, 10/1864), lot 302, sold to Hodge for $50.
    B. Proof. Joseph J. Mickley Collection (Woodward, 10/1867), lot 1718, part of a five-piece silver proof set, sold to Lilliendahl for $57.50.
    C. Proof. Lorin G. Parmelee Collection (New York Coin & Stamp, 6/1890), lot 1191, the other coins forming a complete silver and minor proof set were offered singly in adjacent lots, sold to H.P. Smith for $6.50.
    D. Proof. Thomas Cleneay Collection (S.H. & H. Chapman, 12/1890), lot 840, part of a seven-piece silver and minor proof set.
    E. Proof. Richard B. Winsor (S.H. & H. Chapman, 12/1895), lot 1069, part of a seven-piece silver and minor proof set.
    F. Proof. Matthew Stickney Collection (Henry Chapman, 6/1907), lot 1792, part of a seven-piece silver and minor proof set.
    G. Proof. George Earle Collection (Henry Chapman, 6/1912), lot 3093.
    H. Proof. A specimen owned by A-Mark in the 1970s, per Walter Breen.(Registry values: P4) (NGC ID# 23WB, PCGS# 85542)

    Weight: 6.68 grams

    Metal: 90% Silver, 10% Copper


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    Auction Dates
    April, 2015
    22nd-26th Wednesday-Sunday
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