Proof 1831 capped bust quarter to exceed $115,000 at Heritage?

A proof 1831 capped bust quarter is to headline a sale of US coins at Heritage Auctions in San Francisco later today with bidding starting at $115,000.

The coin was acquired by a European noble during a visit to the US in the 19th century and has only recently been rediscovered.

Liberty Quarter 1831
This 1831 quarter dollar was recently rediscovered in Europe

It is graded PR66 and features clear surfaces and complementary toning with a long die crack on the reverse.

An NGC66-graded example of the 1831 proof quarter sold at Heritage Auctions in 2009, where it achieved $218,500.

An 1898 deep cameo $20 Liberty double eagle is another highlight, with an opening bid of $50,000.

The lot is one of only 75 ever struck, with 35-40 specimens surviving across a variety of grades. This example is among the finest known - graded PR64 and in near-gem condition.

The term "deep cameo" refers to the highly reflective surface of the coins, a feature of all double eagles up until the production process was altered in 1902.

Bidding on a 1907 high relief $20 double eagle will start at $45,000.

Augustus Saint-Gaudens' iconic design for the 1905-1907 double eagle is considered the most beautiful of any US coin. This example is the slightly less desirable wire rim variety, which refers to the slight gap around the perimeter.

In 2012, an ultra high relief 1907 double eagle made $1.1m at Heritage Auctions.

If you're interested in numismatics why not check out our range of coins for sale?

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