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Sale 62
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Lot 2062
1893. PCGS graded Proof 63 Deep Cameo PQ. Well struck with lovely golden toning. Small lint mark on the reverse. Only 106 Proofs struck. Well struck and choice for the grade. The golden toning is immensely attractive. As certain as night follows day in the Northern Hemisphere, the 1893 Proof quarter eagle is a coin that is elusive in this coining format, with barely over one hundred pieces minted and sold. Its scarcity is beyond reproach since as a Proof, very few survive (see population numbers below). Survivors might almost be scarcer than many long-time experts suppose. The coin has razor-sharp details and smooth, swirling reflectiveness in the field on both sides. Just a few hairlines show while the devices are covered in micron-fine satin frost. The devices display rich mint color giving the coin a pronounced beauty surpassing its modest Proof 63 numerical condition. Collectors of Proof gold will want to follow it closely on the auction block, for it may be many auction cycles before another such choice example will present itself. Pop 2; 9 finer (PCGS # 97919) .
Preparation of a Proof striking usually involves polishing of the dies. The finished coin can usually be distinguished from normal circulation ones by its sharper rims and design, as well as much smoother "fields" -- the blank areas not part of the coin's design.
The dies for making 19th Century Proof gold were often treated with chemicals to make certain parts of the design take on a frosted appearance, with the polished fields taking on a mirror finish. Several other methods have been used in recent times to achieve this effect, including sand blasting the dies, and matte proofs.
Estimated Value $4,500 - 5,000.
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| Realized $6,900 |
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