1910 $2.50 PR(PCGS#7959)

August 2019 ANA U.S. Coins Auction Rosemont, IL

拍卖行

Stack's Bowers

批号

5292

等级

PR67

价格

321,868

详细说明

Superb Gem Satin Proof Indian Quarter Eagle 1910 Indian Quarter Eagle. Proof-67 (NGC). This exceptional Superb Gem specimen readily showcases the fine satin characteristics that this issue is prized for by modern collectors. The pleasing golden-tan patina is accented by richer yellow coloration throughout. Fully struck and without any noteworthy imperfections. The 1910 is the second of only two Satin Proof issues in the Indian quarter eagle series, this finish introduced in 1909 in an effort to improve sales to contemporary collectors who did not like the Sandblast Proofs of 1908. In the end the new format proved just as unpopular, the Mint returning to a modified version of the Sandblast finish in 1911, which continued in use with subtle texture changes through the series' conclusion in 1915. The reason for the reversion to the Sandblast finish seems to be a vote taken among attendees of the 1910 ANA Convention, which showed that that finish was more popular than its Satin counterpart among contemporary numismatists. The reported mintage of 682 pieces for the Proof 1910 bears no relation to the rarity of examples in today's market. Writing in the excellent new reference United States Proof Coins, Volume IV: Gold, John W. Dannreuther proposes that "a substantial number of the 682 quarter eagles struck in 1910 were likely spent by their buyers. And it [is] unlikely [that] many more than 100 Proof coins are extant today." This is one of the finer certified survivors of this underrated issue, a lovely coin that will please even the most discerning gold enthusiast. Just three pieces have been certified finer by NGC. NGC Census: 12; 3 finer. PCGS# 7959. NGC ID: 289J. Click here for certification details from NGC.