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March 16 , 2015

COIN OF THE WEEK

Rare 1898 Liberty $2.50 NGC PR67 ULTRA CAMEO - $38,500.
Click on Coin Image to enlarge


GEM DEEP CAMEO. This unsung rarity among proof Liberty quarter eagles is rare in all grades. This specimen is grade PR67 UCAM. The strike, as expected for a proof coin, is full and sharp on both sides. The satiny devices contrast heavily to produce a Deep watery black and white cameo effect, which, combined with the lovely color, gives this coin its tremendous eye appeal and is quite beautiful to the numismatist/collector. This is a blue chip asset for the investor that is truly an astounding proof gold coin.

Please contact me by email or telephone 1-800-624-1870 to reserve this great coin.

Coinage designs of this time were fairly stagnant and stereotyped. In recognition of these problems, in 1891 the Treasury sponsored a public competition to improve them. Unfortunately Charles Barber, the Engraver, tossed out every entry because he could not face any competition. When he was forced to redesign the coins himself, he simply reversed Morgan’s Liberty head. His other contributions were minor modifications here and there.

Christian Gobrecht’s quarter eagle was produced without substantial modification from 1840 to 1907, the longest span in any United States coinage series. It uses the Coronet design which shows Liberty facing left, her hair tied tightly in beads, except for two curls one down the back of her neck and the other on the side below her ear, with LIBERTY inscribed on the coronet. She is surrounded by thirteen stars, and the date is below the truncation. The reverse shows the heraldic eagle facing left holding arrows and olive branch it its talons. The inscription UNITED STATES OF AMERICA arcs around it, interrupted by the wing tips, and the denomination 2 ½ D. is below. The denomination is separated from the legend with dots. The weight remained the same, but the diameter was reduced from the previous issue to 18 millimeters.


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ADDITION NEW COINS ADDED - (Week of 3/16/2015)

Very Truly Yours,

Tom Pilitowski
www.usrarecoininvestments.com
Toll Free:
1-800-624-1870
Email: TomPilitowski@yahoo.com


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