1849 25C MS(PCGS#5413)

November 2021 Baltimore U.S. Coins auction

拍卖行

Stack's Bowers

批号

1321

等级

MS64

价格

32,110

详细说明

1849 Liberty Seated Quarter. Briggs-Obverse 2. MS-64 (PCGS). CAC. An attractively original example with soft, satiny luster flowing serenely over both sides. The in hand appearance is one of full Gem Uncirculated quality, and the eye appeal is strong due to dominant toning in light golden-gray iridescence. Blushes of warmer steel-olive and light russet patina in the protected areas around the design elements further enhance the appearance of this lovely piece. The quarter series is the most challenging to collect by date and mintmark of all the Liberty Seated denominations, and perhaps no issues of this denomination are more underrated than those of the 1840s from the Philadelphia Mint. These coins were produced in an era when U.S. Mint silver coinage was not achieved on government account, but rather was struck to the order of bullion depositors who requested coins of specific denominations for their precious metal. Since the half dollar was the most popular denomination with silver bullion depositors and, in fact, the quarter had never been popular since its introduction in the 1790s, it is little wonder that quarter production at the Philadelphia and New Orleans mints was limited during most years of the 1840s. In 1849 the former facility struck just 340,000 coins for commercial use, and attrition was high through circulation, exportation and, eventually, melting. What little numismatic demand existed at the time was met by yearly Proof coinage (itself extremely limited, with such pieces major rarities today), and what few Mint State examples have survived did so purely as a matter of chance. This is one of the finest certified survivors, and the nicest circulation strike 1849 quarter that we have offered in recent memory. It is sure to sell for a strong bid to an astute collector of Liberty Seated quarters. Struck from Briggs Obverse 2 of the issue, with the right edge of the digit 1 in the date lining up between stripes 6 and 7 in the shield. The reverse die from which this coin was struck, however, is unlisted in Larry Briggs' 1991 reference on this series. It is most readily identifiable by the light die erosion within and around the letters AR in QUAR. PCGS Population: 9; 2 finer (both MS-65). CAC Population: 5; 1. PCGS# 5413. NGC ID: 23T2. Click here for certification details from PCGS.