Lot 3735
1911-D $2.50 Indian. PCGS graded MS-65. Well struck with nice even gold toning. Popular key date to this series. Pop 13; 4 in 66. A thrilling example of this always-popular Indian quarter eagle rarity. This exception Mint State 65 specimen layered in rich shades of gold and apricot-orange and plus, it is very nicely struck, including the mintmark. Probably a good many are not as carefully struck as this piece, which the population statistics from the main grading services show. With no suggestion or even a whisper of weakness at the feathers or on the mintmark, this lovely specimen can only rank among the elite few in its category!
We know that at the time this coin was produced, an average auto assembly line worker at Henry Ford's River Rouge, Michigan plant earned approximately $2.50 per day, or one of these coins. At the same time, the price of a hardback book, either fiction or non-fiction, with simple dust jacket of paper, was priced at about $2.50 to $2.75. Yet, few 1911-D quarter eagles were made; and of those, fewer still, in fact, very few, ever got saved in pristine condition. For why do so when there were other things to do back then with a day's pay. That is why this coin is so significant in the series of Indian quarter eagles. And why bidders may very well "take it to the moon" when the bidding takes place (PCGS # 7943) .
Estimated Value $75,000 - 85,000.
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| Realized $89,125 |
