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Pinnacle Purchased Spectacular Bruce Scher Proof Seated Quarter Collection #2 on PCGS Registry

- November 10, 2011

Pinnacle Rarities is proud to announce the purchase of another world class set.  We have acquired celebrated collector Bruce Scher's Proof Seated Quarter collection.  His focus (as in all things) is seeking finest known, eye appealing examples.  Lacking only two dates, the set is currently ranked second on the PCGS RegistrySM, and features twelve finest known or tied for finest known examples.  As a group, the thirty-three examples represent the most fabulous assemblage of the series we've ever encountered.

Highlights include:

  • 1859 25C PCGS PR67 – Although Mint records indicate that 800 proofs were struck in this year, an unknown number were melted at year's end as unsold, leaving this issue with a relatively high official mintage, but low availability in all grades.  Population figures indicate that approximately 250 pieces have survived, not taking into account an unknown number of resubmissions and crossovers.  Very few coins exist above the PR64 level.  The present example is one of a mere two so graded by PCGS with one PR67 Cameo also in existence.  This piece has blockbuster eye-appeal, with plum centers bursting into intense sapphire blue through the central design elements and a pale golden-yellow halo along the rim.  The one-two punch of aesthetics and technical perfection are untouchable by any other example of this early date.

  • 1888 25C PCGS PR68 – Business strike mintage of quarters in 1883 was a minute 14,400 pieces.  The U.S.Treasury was inundated with minor silver coins that had returned from offshore havens where they had been harbored during the Civil War.  This influx paired with the large mintages during the 1870s satisfied demand for everyday commerce.  Treasury Secretary John Sherman, in accordance with the Mint Act of 1873, halted production of minor coinage early in 1878.  For the next decade, the Mint adhered to a policy of small mintages of quarters and half dollars and concentrated on production of Morgan silver dollars.

    Undisturbed surfaces shine with a pleasing even golden hue.  The surfaces are intensely mirrored and the devices heavily frosted.  Tied with one other coin for finest known honor for the entire series, this coin is the epitome of perfection and a quintessential example of the type.

  • 1883 25C PCGS PR68CAM - Because of the limited mintage of business strikes from 1879 to 1890, extra demand is exerted on proofs of the era.  This delectable example exhibits intriguing turquoise and jade toning on each side of the obverse, while the majority is an enchanting golden hue.  The reverse displays the same blue and green joined with iris and sunset-orange.  One of a mere eight examples so graded in the entire 'With Motto' series and tied with just one other piece for finest known honor for the date.

If there are specific items you have an interest in please contact Pinnacle Rarities at 800-724-7642 or [email protected].

To view a slide show presentation click here.




Article provided by PCGS at www.pcgs.com

 
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