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Lot
3405

1853 25C Arrows and Rays MS64+ NGC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 5, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:
1853 Arrows and Rays Quarter, MS64+
Superior Mint Luster and Original Toning
1853 25C Arrows and Rays MS64+ NGC. The 1853 reduction in silver content in U.S. coinage was directed only toward the half dime through half dollar, which promptly began circulating. The then-overweight silver dollar remained unchanged, as well as the three cent silver.
Today, both the 1853 Arrows and Rays quarters from Philadelphia and New Orleans are extremely elusive in any Mint State grade. The PCGS CoinFacts website estimates that in Gem condition or finer, only 35 examples exists of the 1853 Philadelphia Arrows and Rays quarter, including certified and raw examples. The low availability of Gems makes this upper-end MS64 example an especially astute purchase. Light gray patina lies over the mint frost and the high points are accented in deeper gray-russet. A few tiny marks on the obverse prevent an even higher grade, but this coin's Plus designation undoubtedly derives from the thick mint luster and original color.(Registry values: P5) (NGC ID# 23U4, PCGS# 5426)

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Auction 1212, Lot 3981 Friday, December 5, 2014 MS64 PCGS $700.00
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