1908 Indian Quarter Eagle NGC PR68

1 of Only 2 So-Graded

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 surfaces on this piece border on perfection. This is one of only two so-graded by NGC, with none higher.

Offered at $63,250 delivered

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