LOT #1641 |
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1854 25C Arrows PR66 NGC....
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Sold on Jul 31, 2008 for:
Not Sold Description
Pittman's PR66 1854 Arrows Quarter
Tied for Finest Certified
1854 25C Arrows PR66 NGC. For its appearance in the second
Pittman auction, David Akers wrote, "In 1854, the Mint increased
its production of proof sets and, although they were not yet
available to the general public (the practice of selling to the
public-at-large did not begin until 1858), they were available to
individuals who contacted the Mint directly with a special request
to purchase a proof set. The exact mintage of 1854 proof sets is
unknown, but perhaps as many as 30-40 silver and copper proof sets
were minted and distributed. Although others have stated a contrary
opinion, I feel it is most likely that the proof 1854 quarters were
struck only for inclusion in those sets and that all survivors
today come from the original 30-40 pieces minted. All denominations
of 1854, except perhaps the silver dollar, are rarer in proof than
generally realized, and it is my opinion that no more than 12-15
proofs of this denomination still exist. This specimen is certainly
among the finest and it is also the one with perhaps the most
famous pedigree."A fully struck Premium Gem with pearl-gray centers and light peripheral sun-gold toning. There are no obvious hairlines, and a line on the lower right obverse field, parallel with the lower left inner point of star 12, appears to be of mint origin. This line can be used to confirm the Parmelee-Woodin-Pittman pedigree in any future market appearances.
Tied with one other PR66 NGC for the honor as the finest certified (6/08). The other PR66 is the Eliasberg-Kaufman specimen, which sold in Heritage's 2007 Milwaukee ANA Signature for $138,000.
Ex: Lorin G. Parmelee Collection, (New York Coin & Stamp, 6/1890), lot 1248; William H. Woodin Collection, 1911, lot 454; Wayte Raymond, 2/1947, lot 407; John Jay Pittman Collection, Part Two, 5/1998, lot 1328.(Registry values: P4)
Coin Index Numbers: (NGC ID# 23WV, PCGS# 5550, GSID# 5270)
Metal: 90% Silver, 10% Copper
Weight: 6.22 grams
ASW: 0.17998oz
Mintage: 10
Auction Info
2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114 (go to Auction Home page)
Auction Dates
Jul-Aug, 2008
30th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 616
Buyer's Premium per Lot:
15% of the successful bid per lot.
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