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1870 25C Standard Silver Quarter Dollar, Judd-915, Pollock-1011, R.7, PR65 Red and Brown NGC....
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Description
High-End 1870 Standard Silver Quarter
Judd-915, PR65 Red and Brown
1870 25C Standard Silver Quarter Dollar, Judd-915, Pollock-1011,
R.7, PR65 Red and Brown NGC. Design. The central figure of the obverse is a bust of Liberty facing right. Liberty is wearing a tiara with an eponymous inscription and her hair tied in a pony tail. The legend UNITED STATES OF AMERICA surrounds the bust above, and a scroll with the motto IN GOD WE TRUST is below. The reverse features the words 25 / CENTS encircled by a wreath of oak and laurel, with the inscriptions STANDARD SILVER above and the date below. Struck in copper with a plain edge.
Commentary. The Standard Silver coinage was an attempt to redeem the paper fractional currency or "shinplasters"--so-called because the notes quickly wore out and became filthy--that proliferated during the Civil War. The Standard Silver coinage was .900 fine, but lighter-weight than the regular silver coinage, which was still being hoarded after the war. It was hoped that the lighter-weight coinage would circulate because of its lesser intrinsic value. The concept was never adopted, however. The copper patterns were made for sale in sets with other denominations. USPatterns.com estimates a population of fewer than a dozen examples extant.
Physical Description. Well struck, with attractive mint red and crimson toning on the obverse. The reverse has an appealing golden-brown color. A pleasing specimen of this popular pattern. This piece is the only Red and Brown non-Cameo example at NGC, although a PR66 Red and Brown Cameo piece at that service is numerically finer (11/08). PCGS has certified two PR65 Red and Brown coins and a couple of Brown examples.
Provenance. Ex: Lewis Reagan Collection (Stack's, 1/1996), lot 650.
From The Lemus Collection, Queller Family Collection Part Two.
Coin Index Numbers: (NGC ID# 29XN, PCGS# 71159, GSID# 13642)
View all of [The Lemus Collection, Queller Family Collection Part Two ]
Auction Info
2009 January Orlando, FL FUN Auction #1121 (go to Auction Home page)
Auction Dates
January, 2009
7th-11th
Wednesday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 2,946
Buyer's Premium per Lot:
15% of the successful bid per lot.
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