1775

1848 $2 1/2 PR64 PCGS.From The Larj Collection. 1848[$2 1/2] PR64 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1848 $2 1/2 PR64 PCGS.From The Larj Collection. 1848[$2 1/2] PR64 PCGS.
<B>1848<$2 1/2> PR64 PCGS.</B></I> Ex: Pittman. A small raised pimple on Liberty's neck was in the die, and is a hallmark of 1848 proof quarter eagles, but it is not a pedigree marker for individual specimens. The date is high in the field, with the top of the 1 solidly joined to the bust and the final 8 centered between the neck truncation and the border. When David Akers cataloged this coin as part of the Pittman Collection, he noted that only three positively identified proofs were known to him. In addition to the present coin, he specifically identified the Smithsonian example, and the Woodin-Boyd specimen, later appearing for sale as lot 2669 in Superior's sale of February 1991. A few other examples have been reported over the years, but most such reports were the result of confused or incorrect pedigrees.<BR> We cannot improve upon David Akers' description of the physical coin, which we reprint here: "Very sharply struck on the obverse, but weakly struck on the eagle's left leg and on the left and right talons. (This is characteristic of the other known proofs of this date and also most proof quarter eagles of the 1840's). The fields are deeply mirrorlike and have quite a few light hairlines and minor abrasions. They are more evident on the obverse, particularly in the left field, than on the reverse. The edge is sharp and square and has a partial wire rim." Population: 1 in 64, 0 finer (1/06).<BR><I>Ex: George H. Earle (Henry Chapman, 6/1912), lot 2541; Thomas G. Melish (Abe Kosoff, 4/1956), lot 1181; John Jay Pittman (David Akers, 5/1998), lot 1759.</B></I><BR><I>From The Larj Collection.</B></I>