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Lot
6520

1855 25C ARROWS

1994 ANA Sale #122

 
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Auction Ended On: Jul 28, 1994
Item Activity: 1 Internet/mail/phone bidders
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Location: Detroit, MI
Description:
PCGS 1855 Arrows PR 65. While still the same type as the 1854 listed above, there are several more surviving specimens of the 1855. Breen (1988) estimates that perhaps as many as 20 proofs may still exist today. This, of course, cannot come anywhere close to satisfying the demand for 19th century proof type, so the result is predictable: true proof Arrows quarters and halves are quite expensive. Briggs only mentions one characteristic for proofs of this date, that is, light recutting on QUAR.DOL. Breen (1977) states, "It is not certain that all proofs are from the same dies." That statement would explain this coin, as there is no apparent recutting on the reverse legend. The obverse diagnostics do match though, which leads us to conclude that perhaps one obverse was paired with two reverse dies for striking proofs in this year.
When held beneath a light, the mirrored fields flash strongly through the deep toning that covers both sides. The obverse shows an almost opaque blue and red patina, while the reverse is just a bit lighter in hue in the center. The striking details are not complete on the peripheral obverse stars (especially on the right side), but elsewhere the design elements are fully articulated. A rare opportunity to choose between two proofs of this rare type in the same auction. Population: 2 in 65, none are finer (6/94). (NGC ID# 23WW, PCGS# 5551)

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