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    Description

    1859 Quarter, PR66
    Early Collectible Proof Issue

    1859 25C PR66 NGC. CAC. Briggs 2-B. Both sides exhibit frosty, brilliant centers with deep mirroring in the fields. Rich shades of blue, violet, and golden-peach paint the obverse, while the lighter-toned reverse has more of a dusky golden-gray appearance with russet patina encompassing the margins. A few minuscule signs of contact are peppered over each side, though none merit individual mention.

    Variety: Briggs 2-B, with a thin base 1 and a Type Two reverse.

    Population Data (9/15): NGC has seen 15 grading events in PR66 with four finer -- three PR67 and one PR67 ★ . There are three PR66 examples at PCGS and three finer.

    Heritage Commentary: Recent research by John Dannreuther counters the previously held belief that the Mint began selling proofs to the public in 1858. Actually, proofs were struck in large quantities in 1858 and 1859 and made available to collectors and dealers for face value, allowing for risk-free speculation. A proofing surcharge was put in place in 1860, after which point demand for proofs declined substantially. A total of 800 proof quarters were manufactured in 1859. Perhaps 250 or so examples survive, and the issue is relatively accessible in lower grades. Procuring a finer example than this gorgeous Premium Gem, however, will prove difficult.

    Provenance: Purchased from Legend Numismatics (4/2002).(Registry values: P4) (NGC ID# 23WL, PCGS# 5555)

    Weight: 6.22 grams

    Metal: 90% Silver, 10% Copper


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

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    Auction Dates
    October, 2015
    28th Wednesday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
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