908

1838 25C PR66 PCGS. Ex: Pittman. B-1, R.8 as a proof.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:90,000.00 USD Estimated At:1.00 - 2.00 USD
1838 25C PR66 PCGS. Ex: Pittman. B-1, R.8 as a proof.
<B>1838 25C PR66 PCGS.</B></I> Ex: Pittman. B-1, R.8 as a proof. Only two or three proofs are known of the 1838 Capped Bust quarter dollars. In his <I>Proof Encyclopedia,</B></I> Breen reported just one proof, a coin that appeared for sale by New Netherlands in their 53rd sale. This coin from the Pittman collection is a second, and the Norweb family also owned a proof. The description of the New Netherlands coin does not sound like a proof, thus we believe that there are actually only two proofs of this issue known. We have handled both examples in the past, with the Norweb coin certified as PR68 <img border='0' src='http://www.heritagecoins.com/images/star.gif' width=10 height=10> NGC.<BR> Only one variety is known for the 1838 Capped Bust quarter dollars, producing both business strikes and proofs. The reverse was earlier used in 1837 for the B-2 variety, also produced in proof format. From 3 o'clock to 7 o'clock, the reverse border has extensions of the denticles "that make it appear as though little talons are gripping it," according to Akers.<BR> In the Pittman catalog, David Akers wrote: "Despite a slight weakness on several stars and on the curls just above Liberty's eyebrow, this coin is very well struck with a sharp, square edge and a partial wire rim. The deep mirror fields have only a few faint hairlines and no marks of significance, just one tiny one between the tip of the bust and the first star. The original, natural toning is a superb combination of russet, violet, blue, and greenish-gold."<BR><I>Ex: Stack's (3/1949), lot 655; John Jay Pittman Collection (David Akers, 5/1998), lot 1296; Heritage (1/2004), lot 2050.</B></I><BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)