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Obverse of 1909 Quarter Eagle     Reverse of 1909 Quarter Eagle


1909 2 DOLLARS OR
QUARTER EAGLE

PCGS Nos: 7940, 7958

Mintage:

Circulation strikes: 441,760
Proofs: 139

Designer: Bela Lyon Pratt

Diameter: 18 millimeters

Metal Content:
Gold - 90%
Copper - 10%

Weight: 64.5 grains (4.18 grams)

Edge: Reeded

Mintmark: None (for Philadelphia, PA) left of the arrowheads on the reverse 

Images courtesy of Ira & Larry Goldberg Coins & Collectibles, Inc.

Significant examples:
SEGS Matte Proof-64 (illustrated above).  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 738, sold for $3,450.00, where it was described (in part) as follows: "This is a highly unusual coin, in 1909 the Philadelphia Mint changed its proof finish to a Roman, or shiny finish. This coin however, is clearly a Matte Finish proof. Perhaps it was some sort of holdover using the old matte finish to produce this coin before the planchets were prepared for the new Roman finish for the balance of the 1909 proof quarter eagles. Obviously this coin is a proof, but the knife rims can not be seen in the SEGS holder, as the plastic insert covers over the entire edge of the obverse and reverse. If indeed this coin is a matte proof, which it certainly appears to be, then it is likely unique. All others of the 139 struck are thought to be Roman finish proofs, which is halfway between the matte proof and shiny proof finishes. We are uncertain of the origin of this coin, and as always we hope all potential buyers will carefully study the surfaces of this unusual coin in order to make their own determination as to just what it is. Perhaps the Roman finish wasn't applied to this planchet, and only the secret ingredients for a matte proof were used, creating what appears to be a standard matte proof surface a year after such coins had stopped being struck at Philadelphia. Certainly a curiosity, and worth careful examination.
We note a faint scratch in the reverse field from the lower left edge of the first T in STATES down into the field below UNITED. One small tick in the field below ES of STATES will further serve to identify this unique coin."

Recent appearances:
Proof-63.  Ex - Bowers & Merena Galleries' "The Rarities Sale", January 3, 2001, Lot 472, illustrated, sold for $9,200.00  From the Pennsylvania Cabinet

PCGS MS-65.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 739, sold for $1,840.00

PCGS MS-65.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1301, illustrated, sold for $2,415.00

NGC MS-64.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 740, sold for $1,322.00

PCGS MS-64.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7543, not illustrated, sold for $1,150.00

PCGS MS-64.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7542, not illustrated, sold for $920.00

PCGS MS-64.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7541, not illustrated, sold for $862.50

PCGS MS-64.  Ex - Bowers and Merena Galleries' Robert W. Schwan Collection Sale, October 26-27, 2000, Lot 2237, unsold

NGC MS-64.  Ex - Heritage Numismatic Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May 31-June 2, 2001, Lot 8885, not plated, unsold

PCGS MS-64.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part III", May 21, 2001, Lot 192, illustrated, sold for $1,955.00

PCGS MS-63.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7540, not illustrated, sold for $586.50

PCGS MS-63.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 741, sold for $552.00

MS-63.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 75, sold for $690.00

PCGS MS-63.  Ex - Heritage Numismatic Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May 31-June 2, 2001, Lot 8884, not plated, sold for $805.00  From the Harry West Collection

PCGS MS-63.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1302, illustrated, sold for $862.00

Choice Brilliant Uncirculated.  Ex - Stack's "The University of Notre Dame Sale", March 20-21, 2001, Lot 1018, not plated, sold for $373.75

NGC MS-62.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 742, sold for $264.00

PCGS MS-62.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1303, not illustrated, sold for $414.00

PCGS MS-62.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1304, not illustrated, sold for $633.00

PCGS MS-61, Brilliant Uncirculated.  Ex - Stack's "65th Anniversary Sale", October 17-19, 2000, Lot 1670, not plated, sold for $241.50

Brilliant Uncirculated.  Ex - Stack's "65th Anniversary Sale", October 17-19, 2000, Lot 1671, not plated, sold for $184.00

AU-55 Cleaned.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7072, not illustrated, sold for $138.00

AU-50.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 743, sold for $138.00

EF or better.  Ex - Stack's "The University of Notre Dame Sale", March 20-21, 2001, Lot 1035, not plated, sold for $143.75

Notes:
The finest Uncirculated examples graded by PCGS are 16 MS-66's.

The finest Proof example graded by PCGS is a single PR-65.

Sources and/or recommended reading:
"The PCGS Population Report, July 2003" by The Professional Coin Grading Service

 

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