First Year Matte Proof
With the new coinage designs of 1907 and 1908, the mint recognized these coins could not be produced by the conventional brilliant proofing method. Their solution was to sandblast the coins, producing a matte surface; a finish that had been applied to some mint medals for decades. However, the mint’s main customers for proofs were coin collectors, and collectors were generally not familiar with the matte proofing technique or appearance. The result was general dislike by the collecting community and dwindling sales for proof gold until the final year in 1915. There were 236 proof quarter eagles produced, and it is estimated that 100 to 120 pieces are extant today. The sandblast surfaces on this piece exhibit the khaki-brown color this date is known for. The PCGS population is 18 with 11 higher.
Offered at $34,500 delivered
We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage
Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.