Lot 4402
1877 $2.50 Liberty. PCGS graded Proof 64 Deep Cameo. Only 20 proofs minted. Defective planchet obverse. Lam. reverse. A sharply struck and flashy specimen, light original honey patina bestows its beauty over the frost of the portrait and eagle as well as in the fields. Virtually gem quality, as one would expect from the lofty grade of Proof 64, although marred slightly by a reverse lamination the resulted from an occlusion or impurity underneath the surface. A mere 20 Proof 1877 quarter eagles were struck. The joint results of NGC and PCGS show eleven pieces in all grades, and it is more than likely that several among these are multiple submissions. While Proof double eagles command most of the attention, pre-1880 Proof quarter eagles can be considered as remarkably rare. Yet they can be found for significantly less money (although these rarely appear in auctions). Only 1 graded in PR65DCAM but it isn't an error (PCGS # 97903) .
Estimated Value $15,000 - 18,000.
Ohringer Family Trust Holdings.
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| Realized $16,100 |
