1895 $2.50, DCAM PR(PCGS#97921)

The Regency Auction 32

Auctioneer

Legend Rare Coin Auctions

Lot Number

510

Grade

PR65DCAM

Price

21,738

Lot Description

This is a stunning GEM DCAM Proof quarter eagle! The fantastic depth of reflectivity with the fields falling away from the frosted devices with ease and showing the familiar orange peel texture when studied with a glass. Considerable frost resides on the razor sharp devices, and in particular on Miss Liberty’s face and neck. There is a wire rim around much of the obverse. To offer this extreme depth of Cameo contrast, this must have been one of the first of the 119 pieces struck this year in the proof format. There is a tiny mint made planchet flake in the left obverse field which we note for disclosure and it does not affect the overall GEM eye appeal. John Dannreuther lists a single pair of dies used to coin the 119 Proofs struck, with perhaps 60-70 known in all grades, including the ones impounded in the Smithsonian, ANS, and other institutional collections. PCGS 3, NGC 4. There has never been a PCGS PR65 DCAM sold in auction. An NGC PR65 UCAM sold in February 2019 for $19,800 and the last PR66 DCAM sold in 2012 for $29,900. The current Collector's Universe value is listed at $24,500. Cert. Number 37730375 PCGS # 97921