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Lot
6972

1865 25C Quarter Dollar, Judd-425, Pollock-497, High R.6, PR65 Cameo NGC....

2013 September 25 - 29 US Coins Signature Auction - Long Beach #1189

 
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Auction Ended On: Sep 27, 2013
Item Activity: 7 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
1865 Transitional Quarter in Silver
Judd-425, Lightly Toned PR65 Cameo
1865 25C Quarter Dollar, Judd-425, Pollock-497, High R.6, PR65 Cameo NGC. The obverse die is the familiar Liberty Seated design used for regular-issue coinage in 1865. The reverse die incorporates the scroll with motto that was not used on regular-issue strikes until 1866. Struck in silver with a reeded edge.
The transitional pieces of 1865 and related issues have long been viewed as restrikes, created at a later date to meet collector demand. The basis for this view was the apparent discovery of an 1865 transitional pattern dollar overstruck on a regular silver dollar dated 1866. Recent discovery of a transitional quarter overstruck on a regular 1842-O quarter has caused this supposition to be reexamined. Careful evaluation reveals that the supposed overstruck 1866 dollar is actually dated 1853. While this does not prove that the transitional issues were produced as legitimate patterns, it does remove much of the reason for doubting them. USPatterns.com believes that approximately one dozen examples of the issue are extant.
Strongly impressed devices, with crisp detail on Liberty's head and star centers. Golden-brown toning, with more color on the reverse. The presence of this color cannot subdue the significant field-device contrast on each side.
Ex: Stack's private treaty transaction; Lemus Collection, Queller Family Collection Part Two (Heritage, 1/2009), lot 1634. (PCGS# 60610)

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