Description

    1891-O Branch Mint Proof Quarter, PR62
    Only Two Specimens Known

    1891-O 25C PR62 ANACS. This branch-mint proof is extremely rare, one of only two or so specimens known. The New Orleans Mint struck Seated Liberty quarters in 1891 for the first time since 1860, and by the end of 1891 had produced 68,000 business strikes. At least two proofs were also struck, probably to celebrate the resumption of quarter dollars from this branch.
    Walter Breen's plate coin for the 1891-O proof quarter in his Encyclopedia of United States and Colonial Proof Coins is the specimen that appeared as lot 173 in Lester Merkin's October 4, 1969 sale. An earlier auction appearance of a possibly different 1891-O proof quarter occurred as lot 1144 in Stack's sale of The Empire Collection, November 12-15, 1957, where it brought $300. Lot 2024 in the 1980 American Numismatic Association Auction (Steve Ivy Numismatic Auctions, Inc., 8/80), realized $51,000.
    Whispers of electric-blue, purple, and russet concentrate at the borders of this PR62 example, and each side reveals a fair amount of field-motif contrast when the coin is tilted under a light source. A well-executed strike leaves no star centril, drapery fold, or feather detail incomplete, and virtual separation is noted between Liberty's foot and sandal. Some light field hairlines and a couple of inoffensive contact marks barely preclude a higher grade. This coin's rarity, historical significance, and popularity among dedicated Seated quarter enthusiasts will elicit a strong bid to secure this ultimate representation of the 1891-O quarter for a prized collection.
    Ex: ANA Signature (Heritage, 7-8/2008), lot 1643, where it brought $20,000.


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

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    Auction Dates
    August, 2011
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
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