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    Description

    1854 Arrows Quarter, PR66
    Tied With One Other as Finest Known
    Ex: Parmelee-Woodin-Pittman

    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."



    This fully struck Premium Gem displays pearl-gray centers and light peripheral sun-gold toning. No obvious hairlines appear, 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.

    This piece is tied with one other PR66 NGC example for the honor of finest certified (3/13). 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; ANA Signature (Heritage, 7-8/2008), lot 1641, where it brought $75,000; FUN Signature (Heritage, 1/2009), lot 3768, where it realized $74,750.
    From The Greensboro Collection, Part III.(Registry values: P4) (NGC ID# 23WV, PCGS# 5550)

    Weight: 6.22 grams

    Metal: 90% Silver, 10% Copper


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

    View all of [The Greensboro Collection, Part III ]

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    Auction Dates
    April, 2013
    24th-28th Wednesday-Sunday
    Bids + Registered Phone Bidders: 4
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