1
255
bid online at
(800) 978-COIN (2646)
|
Session Four - Tuesday, June 3, 2014 6:00 PM
R
ARE
1875 $2.50 L
IBERTY
Enlargement
1703
1875
.
PCGS graded AU-58 PQ
. A key date with light
gold toning. Only 400 minted. With coinage circulating less
frequently in the economically depressed decade of the
mid-1870s, and gold still hoarded due to the greenback
trading at below par against gold, there was little need for
more new small denomination gold coins in the channels of
commerce. Only the Double Eagle saw large mintage in
1875. In fact, as one looks at the mintage figures for the
various denominations of 1875 and 1876 it is apparent that
most were reduced to mere symbolic levels.
Substantial numbers of lower subsidiary silver dimes, quar-
ters and half dollars were minted in 1875, but that year was
a modern historic low point for the minting of business
strike gold pieces. All the others outside of the Double
Eagle are either very rare or extremely rare. Consider the
mintages for these circulating denominations: one-dollar
gold: 400; quarter eagle: 400; three-dollar: none; half
eagle: 200; and eagle: 100. The piece currently offered is
one the few choice AU58 circulated pieces offered in recent
years. It retains much mint bloom in the areas protected
from circulation wear, and was struck spot-on in terms of
sharpness. Indeed, this is a highly presentable 1875 Liberty
Quarter Eagle.
Pop 4; 4 finer, 2 in 60, 1 in 61, 1 in 62
.
(
PCGS # 7822
)
Estimated Value .....................................$16,000 - 17,000
A
NOTHER
1875 $2.50 L
IBERTY
Enlargement
1704
1875
.
PCGS graded AU-50
. Popular key date. Nicely
toned. Only 400 minted. Similar to the 1875 dated Gold
Dollar, the 1875 Quarter Eagle was produced to an extent
rarely seen on business strikes. The number of survivors
ranges from as low an estimate as 15 to as high as 25
coins. There is no doubt that this date is one of the Key Lib-
erty Quarter Eagles. A very enviable About Uncirculated 50
representative, this coin is light pinkish gold with subtle
overtones. Any original prooflike tendencies which higher
grade survivors show is long gone, due to the circulation
wearing away the mint frost that once existed. Sharply
defined with a scattering of inconsequential field abrasions
over both sides. Clearly, this low mintage rarity represents
an important bidding opportunity for the advanced gold
specialist.
Pop 5; 26 finer
. (
PCGS # 7822
)
Estimated Value .................................... $10,000 - 11,000
1705
A pair of $2.50 Liberties
. Consists of:
1878-S, XF Dam-
aged; 1904, Sharpness of AU-58.
Lot of 2 coins.
Estimated Value ................................................... $500 - 550
Donald J Mack Collection
.
1706
1896. PCGS graded Genuine, Cleaning - UNC Details
.
Some minor hairlines otherwise a choice UNC coin. Only 19,070
struck. Very frosty surfaces. This 1896 issue is traditionally well
struck, as observed here, including full crisp hair and eagle, plus
thirteen finely detailed stars including their central radials.
(
PCGS # 7848
)
Estimated Value ................................................... $300 - 325
