1854 25C MS(PCGS#5432)

December 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1065

等级

MS67

价格

204,490

详细说明

Stunning 1854 Arrows Quarter Tied for Finest Certified 1854 Liberty Seated Quarter. Arrows. Breen 2-B. MS-67 (NGC). This beautiful quarter has just the lightest iridescent peripheral toning to otherwise brilliant, frosty surfaces. The focal features exhibit razor sharp striking detail, both sides appear pristine as would be expected for the assigned grade. A small area of possibly impurity in the planchet between the eagle's left leg and wing is mentioned as a provenance marker. The removal of the rays from the reverse of the quarter allowed for longer die life, but even so several dozen dies would still have been required to produce the 12,380,000 quarters that came off the Philadelphia Mint's presses in 1854. The drop in production from 1853 was the start of a trend. As more and more old tenor silver coins were turned into bullion and recoined into the new pieces, the need for more coins dropped. The following year, just under three million quarters were struck at Philadelphia, while the production at New Orleans dropped to one-tenth of its mintage in 1854. Even the introductory mintage from the still new San Francisco Mint was not substantial. For numismatists, the 1854 Philadelphia issue is far more available in high grades than the 1854-O and all three 1855 issues, making it especially desirable for a type set. Indeed, demand for the 1854 quarter is perennially strong as quarter specialists, aficionados of the Liberty Seated design, and advanced type collectors all vie for coins at the very upper echelons, especially above the Gem level. Neither of the two certification services has graded a single coin above MS-67 and the population figures no doubt reflect resubmissions hoping to break through that barrier. That the Larry H. Miller cabinet contains one of the finest certified examples is further testament to the outstanding quality of this collection. Provenance: From the Larry H. Miller Collection. Earlier ex Heritage's sale of the Andre Dawson Collection of All-American Coins, September 1998 Long Beach Sale, lot 6661; Heritage's Long Beach Sale of February 2000, lot 6314. NGC Census: 3; 0 finer. PCGS# 5432. NGC ID: 23U6. Click here for certification details from NGC.