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Lot 3452

Image Information

Type Coin
Title Lot 3452
Date 1868
Side reverse
Grade 64
Service NGC
Service Catalog # 60872
Denomination $2 1/2
Description 1868 $2 1/2 Quarter Eagle, Judd-654, Pollock-727, Low R.7, PR64 Cameo NGC. This near-Gem aluminum quarter eagle was struck with a reeded edge from the regular-issue dies for the year. This piece is one of only seven graded of the issue between NGC and PCGS combined. The 1868 aluminum patterns have an interesting history. After Mint Director Henry R. Linderman's death in 1879, his widow apparently held on to a complete set for eight years before consigning it to a Lyman H. Low sale, where federal officials confiscated it and reportedly destroyed the coins. The affair was quite the cause c�l�bre in numismatic circles of the day, as the 1868 aluminum pattern sets were distributed to collectors at the time of their mintage. When Mint director, James P. Kimball, launched an investigation into the matter in 1887, the aluminum pieces were the only pattern issues for which he could find any record. This aluminum quarter eagle is well preserved and shows considerable cameo contrast, particularly on the obverse. Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $9987.50. Description courtesy of Heritage Auctions.

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