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Lot
2785

1873 25C Closed 3 MS63 NGC....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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$65,000


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Auction Ended On: Jan 10, 2008
Item Activity: 6 Internet/mail/phone bidders Number of Bidders
775 page views
Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Lovely Select 1873 Closed 3 Quarter
1873 25C Closed 3 MS63 NGC. The Philadelphia quarters of 1873 come in three distinct varieties: the 1873 Closed 3, the 1873 Open 3, and the 1873 With Arrows. Of these variants, the last has the highest mintage, with over a million pieces struck, and the 1873 Open 3, though it has a mintage of only 172,000 coins, is one of the most available Motto quarters issues in Mint State. The 1873 Closed 3 version, however, is highly elusive, with a total production of just 40,000 examples and most survivors showing a degree of wear.
Though the 1873 Closed 3 remains an underrated issue in most grades, connoisseurs are aware of how elusive the issue is in unworn condition. NGC and PCGS have certified just five Mint State representatives between them, and the MS63 coin offered here is the single finest for either service (12/07). The strike is crisp, and both sides offer strong, shining luster. The obverse displays violet-inflected iridescence, while the reverse is essentially brilliant. Though the surfaces show no overt abrasions, a number of fine marks on and around the figure of Liberty preclude a finer designation.(Registry values: P4) (NGC ID# 23UU, PCGS# 5484)

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