Description

    1856 Seated Quarter, PR66
    Exceptional Quality, Ex: Eliasberg

    1856 25C PR66 NGC. Briggs 10-H. Ex: Eliasberg; earlier from the Harlan P. Smith Collection. Harlan Page Smith (1839-1902) was a partner with David Proskey in the New York Coin and Stamp Company, and an active collector of 19th century proof coins and famous rarities including an 1822 half eagle.

    A remarkable Premium Gem proof, this 1856 quarter exhibits gold, violet, and blue toning on the obverse with lighter champagne inside a frame of gold and blue on the reverse. The fields are deeply mirrored with sharply defined, satiny devices.

    Variety: Briggs 10-H. A vertical die bulge spans the right side of the reverse.

    Population Data (4/15): The Eliasberg PR66 coin is tied with two others as the finest non-Cameo at NGC; the finest pieces in this category at PCGS are three PR65 representatives.

    Heritage Commentary: Walter Breen estimated perhaps 30 examples of the 1856 proof quarter survive in all grades, a conceivable figure given Larry Briggs' mintage estimate of "25+ proofs." We believe this figure is a little low; although, by contrast, the PCGS estimate of 75 to 100 pieces known seems too high given the frequency of auction appearances over the past couple of decades. The certified population, counting only 57 coins including resubmissions, is probably fairly close to the actual number of pieces known.

    Provenance: Harlan P. Smith Collection (Chapman Brothers, 5/1906), lot 836; John H. Clapp; Clapp Estate, to Louis E. Eliasberg, Sr. (1942); Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1462; Central States Signature (Heritage, 4/2011), lot 5088; purchased from Kevin Lipton (1/2013).(Registry values: P2) (NGC ID# 23WH, PCGS# 5552)

    Weight: 6.22 grams

    Metal: 90% Silver, 10% Copper


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    Auction Dates
    May, 2015
    12th Tuesday
    Bids + Registered Phone Bidders: 7
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