1911 $2.50 Gold Quarter Eagle, PCGS PR66 (CAC)

$47,500.00

PCGS# 7960

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SKU: 701-04887619 Category:

Description

1911 $2.50 Gold Quarter Eagle, PCGS PR66 (CAC)

After the Mint reverted to the matte or sandblast finish from the Roman or satin finish used in 1909 and 1910, the 1911-dated dated quarter eagles were produced in a darker matte finish similar to the 1908. This premium gem piece displays coarser granules than on the 1908 pieces, with yellowish-green color prevailing and lilac at the top of the reverse. A truly nice and original proof Indian Quarter Eagle. To add to the coin’s desirability, it is approved by CAC.

An interesting fact: After a vote was taken at the 1910 ANA, the Mint reverted to the matte finish that was first used in 1908, and then abandoned in 1909-1910 when “bright proofs” or Roman Finish coins were struck. There were 191 proof quarter eagles struck in 1911 with an estimated survivorship of 100 to 120 pieces in all grades. Since the mintage was relatively high and the face value relatively low for a proof gold coin, there appear to have been a higher percentage of high-grade proofs set aside and saved through the ensuing decades and generations.

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