Opening Bid :
Current Bid:
Reserve Amount:

Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %s.

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %s has been outbid.

Your secret maximum bid of %s does not meet the reserve.

You have been outbid on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Category: All Auction Archive Items > Proof Seated Quarters Switch to Old Search Feature

Previous Lot | Auction Home | Next Lot      Jump to Lot:
Lot: 1640
Auction: 1114   		1853 25C Arrows and Rays PR67 NGC....
  • Track this lot. You are tracking this item ... updating ... (stop tracking)
  • Add to MyWantlist
 
 
 

BP - Buyer's Premium

A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.

Opening Bid

The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.

Bid Information

For your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.

Minimum Bid

Bid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the current bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a cut bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment. However, for Internet bids, these increments only apply to the current bid. Internet bids greater than one increment over the current bid can be any whole dollar amount. It is possible under several circumstances for winning bids to be between increments, sometimes only $1 above the previous increment.

Number of Bidders

This number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.

Status

Reserve (If Any) Not Posted Yet:
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions.
Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
No Reserve:
This lot is being sold without a reserve. (Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.

What's This?

Our Auction Results Archives are not only the best resource for market research, but now you have the opportunity to acquire very rare items that may not be auctioned again for some time by making an anonymous offer that will make the owner sell. Items labeled "Buy Now" indicate that the owner has set a price that would make them sell.

Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell. This service is free to the buyer, protects the identity of both parties, and allows offers and counter-offers. You will receive a response within 72 hours.


View Larger Image

Sold for: Not Sold

Not Sold

This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
Ended: Jul 30, 2008
  Printable Version of Prices Realized for this Auction
 
Buyer's Premium: 15% of the successful bid (minimum $9.00 per lot)
Description
Phenomenal 1853 Arrows and Rays Quarter, PR67
The Finest Certified
Likely the Finest Known


1853 25C Arrows and Rays PR67 NGC. In all denominations, 1853 proof coinage ranks among the great rarities of American numismatics. Among issues of the date, the quarter and half dollar are both one-year type coins, with arrows on the obverse and rays on the reverse.
Walter Breen suggests that five proofs were coined on March 3, 1853, part of four-piece proof sets that contained the half dime, dime, quarter, and half dollar. His report of the mintage date for the proofs was based on the comments of Harold Newlin, the 19th century half dime collector who stated that the 1853 proof half dimes were coined on that date: "Newlin claimed in his 1883 book on half dimes that the new coins with arrowheads were first made March 3, 1853. As the first delivery of production coins with arrowheads took place April 29, these March 3 coins must have been proofs: five sets in all."
All proofs are reportedly from a single die pair with light recutting below the 53 and right arrowhead, the right arrowpoint nearly touching the border, the shield point above the right base of the 1, and the left base of the 1 over the center of a dentil. The reverse has faint die file marks above ER in AMERICA, faint die scratches joining the Q and U, and through the C to the final A. That description from Breen's Proof Encyclopedia was repeated in Larry Briggs' Seated quarter reference.
This example is similar to Breen's description, although there is no evidence of recutting on the date. The shield point is over the outer left edge of the 8, and both arrowpoints are close to the border. There is no immediate evidence of the reverse die file marks that Breen describes. An obverse feature that is apparently different from other examples are diagonal file lines that extend up to the right from the ribbon containing LIBERTY. They extend a short distance beyond the right shield border, into the drapery folds. The data suggests that two different die pairs were used for the 1853 Arrows and Rays proof quarters, indicating that one variety may be a restrike produced in later years. The existence of seven or eight proofs tells us that the mintage figure of five coins is clearly incorrect.
Both sides of this example exhibit fully mirrored fields and frosty devices. The surfaces have exquisite electric blue toning, intermingled with pale lilac and light gold. Some faint striae covers the fields, up to the left, primarily visible on the obverse. An early strike from fresh dies, there is no evidence of any die cracks, clash marks, or other imperfections. All of the design elements on both sides, including the stars on the obverse, the individual features of Liberty, and the delicate details of the eagle, are bold and completely defined.

The following roster is expanded from the listing that appeared in our Kaufman offering.

1. PR67 NGC. The present specimen, different than any of the following.

2. PR66 Cameo NGC. Phil Kaufman Collection (Heritage, 8/2007), lot 1785.

3. PR65 NGC. Louis E. Eliasberg, Sr. (Bowers and Merena, 4/1997), lot 1454; Heritage (1/1998), lot 6782; Richmond Collection (David Lawrence, 3/2005), lot 1522. In the Eliasberg catalog, Dave Bowers described this piece as MS64, prooflike, noting "possibly a candidate for 'proof' attribution." Since the time of that sale, it has been certified as a proof.

4. PR64 NGC. Jerome Kern Collection (B. Max Mehl, 5/1950), lot 1445; John Jay Pittman (David Akers, 5/1998), lot 1325; Bowers and Merena (8/1999), lot 141; Goldberg Coins (2/2002), lot 704; Superior (1/2004), lot 287.

5. MS64, prooflike. Thomas L. Elder; Norweb Collection (Bowers and Merena, 3/1988), lot 1594. Dave Bowers cataloged the Norweb coin as a prooflike business strike, but a decade later Dave Akers included it in his census of proofs.

6. PR63 PCGS. Stack's, Auction '80, lot 1184; Stack's, Auction '90, lot 143; Stack's (5/1992), lot 2659; Superior (6/1999), lot 2099; Superior (10/2000), lot 4360; Goldberg Coins (5/2001), lot 561; Superior (1/2004), lot 2354.

7. Proof. Lester Merkin (6/1968), lot 291; Stack's (10/1990), lot 1638.

8. Proof. National Numismatic Collection; Smithsonian Institution.(Registry values: P5) (#5548)

Auction Name: 2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-3497)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 8 Internet/mail bidders, 853 page views



Previous Prices from Heritage Auctions
Lot Date Grade Service Realized

No previous prices realized recorded for this item in this grade.
View prices realized from this item in other grades (you must be signed in)

PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. Example: A item that sells with a final hammer price of $100 and a 15% buyer's premium will display with a price realized of $115. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)

Price Guide
Sign-in or Join (free & quick)

Population Guide
Sign-in or Join (free & quick)

Find Auction Prices for Comparable Items
Heritage Auction Archives

Prices realized from past auction lots.
Great valuation tool!

Photographs

Sign-in or Join (free & quick) to see the full image

Previous Lot | Auction Home | Next Lot      Jump to Lot:
Go to Top


Add Item to MyWantList™
Description Grading Service Low Grade High Grade  

Please Wait

Loading.......

Heritage delivers Value - $694,500,693 sold at auction and in private treaty sales over the past 12 months.

Our 265,587 Coin bidder-members and 480,027 Heritage bidder-members overall (from 164 countries) enjoy all these free benefits:

  1. Bid on-line
  2. Free Collector newsletter
  3. Want List with instant e-mail notifications
  4. Auction Archives (prices, photos, full descriptions, etc.)
  5. Hall of Fame
  6. Reduced auction
    commissions when
    you resell your
    winnings 

Members Sign In

Free Newsletter and Announcements!

Quality Consignments Wanted

Only 34 days left to consign to the 2010 February Long Beach, CA Singature US Coin Auction!

We expect to have one of our Consignment Directors visiting your area soon. Please call to arrange an appointment.

E-mail Sam Foose or call
1-800-872-6467 x1227

Video Video: Why Consign?

View traffic of HA.com vs. other auctions on Compete.com

In The News

sss
Cross Promotion

Don't miss out!
Get e-mail notifications in all of your areas of interest.