1904 $2.50 PR(PCGS#7930)

The Regency Auction 39

Auctioneer

Legend Rare Coin Auctions

Lot Number

492

Grade

PR61

Price

2,820

Lot Description

Long considered to be the caviar of numismatics, Proof gold has an allure that cannot be denied! Even in modest grades, there is something special about these rarities. This lovely coin retains much reflection in the fields. While there is a bit of contact on both sides, we speculate that this coin was given as a gift in 1904 to a non-collector, who put it loose in a little "box of treasures" as is common, especially if the the recipient was a child. The devices are well rendered and the color is a really nice deeper orange-gold. Only 170 Proofs were struck. PCGS 11, NGC 4. The last one to sell realized $3,290 in the 2017 ANA auction and the current Collectors Universe value is listed at $3,500. This coin has a very nice eye appeal for a PR61. Since collectors of more modest means may not be able to afford GEM graded examples, examples in this grade are in strong demand, and do not appear often enough. Here is a great opportunity for lots of collectors. Cert. Number 38673573 PCGS # 7930