1863 $2.50, DCAM PR(PCGS#97889)

The Regency Auction 42

拍卖行

Legend Rare Coin Auctions

批号

14

等级

PR65+DCAM

价格

1,769,647

详细说明

THE BIGMO CIVIL WAR COLLECTION PART II A magnificent GEM example of this incredibly RARE Proof Only date. One of the RAREST dates in the extensive Liberty Head quarter eagle series. Demand for the denomination was nonexistent and the mint only produced 30 Proofs for collectors, all delivered on March 23. Today, these are listed in John Dannreuther's magnum opus on U.S. Gold Proof coins as JD-1, considered to be Rarity-6, with 18-22 pieces extant, and he positively enumerates 20 distinct examples, the present coin is listed as #2 on his listing of Significant Examples. Of the ones enumerated, three are impounded in museum collections, including two in the Smithsonian and one at the ANS. Of those that are available for private ownership, a number are impaired. Of the survivors, this piece is one of the VERY FINEST KNOWN and is a real trophy coin for the advanced U.S. gold coin collector. Boasting essentially perfect surfaces, the GEM quality fields and devices are totally devoid of any marks, hairlines, lint marks, or distractions of any kind that would mar the outstanding eye appeal. The mirrors are deeply and boldly reflective with a strong brilliance. An amazing rich orange color radiates all over, with a thick frost on the devices, imparting a dramatic contrast between the devices and the fields. A strong glass brings out the wonderful original orange peel texture in the fields. The eye appeal is truly magnificent! On January 17, 1863, President Lincoln signs a congressional plan authorizing the Treasury to issue $100 million in new paper currency notes to pay the Union soldiers and sailors. At the same time, he called for the regulation of the national currency. The first was the National Bank Act of 1863, passed on February 25, which was the first time the government attempted to establish a central bank, and was the precursor to the Federal Reserve Act passed 50 years later. PCGS 4, NGC 1, CAC 2. PCGS has graded 2 in PR65+ DCAM and two graded finer, one reported in PR66 DCAM and one in PR66+ DCAM. The BigMo collector bought this coin privately for $225,000 from David Hall. The current Collectors Universe value is $245,000. One of the classic gold rarities, the 1863 quarter eagle is ranked among the 100 Greatest Coins by Garrett and Guth; it is not hard to see why! Missing from many a great cabinet and worthy of a fantastic collection, and a strong bid! Good luck! Cert. Number 82452561 PCGS # 97889.00