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Lot
5578

1859-S 25C AU50 PCGS....

2013 August 8 - 10 US Coins Signature Auction - Rosemont #1188

 
Sold for: Not Sold
Auction Ended On: Aug 9, 2013
Item Activity: 5 Internet/mail/phone bidders
263 page views
Location: Hyatt Rosemont
6350 N. River Road
Rosemont, IL
60018
Description:
1859-S Quarter, AU50
Scarce in All Grades, Rare in AU
1859-S 25C AU50 PCGS. The rarity of the 1859-S quarter was summed up by Larry Briggs in his 1991 The Comprehensive Encyclopedia of Liberty Seated Quarters: "Most encountered are AG - VG and seem to have a problem of some sort. Coins in F/VF are quite scarce, XF - rare, and AU - extremely rare. To date no true Unc.'s are known." Briggs' assessment is still appropriate today. PCGS has certified a total of 70 1859-S quarters in all grades, primarily in Very Good to Very Fine, and NGC has seen a mere 14 examples, mainly in Very Fine and Extremely Fine. Neither service has certified a Mint State coin.

Dappled grayish-purple toning runs over both sides of the current AU specimen, which retains traces of luster in some of the recessed areas. The design elements are well-defined, including sharpness in the star centers, most of Liberty's hair, and the eagle's plumage. Both sides are remarkably clean. We mention a minute mark on the upper wrist of Liberty's left (facing) arm and another midway between star 11 and the right (facing) arm solely for identification purposes. Population: 3 in 50, 3 finer (7/13).(Registry values: P8) (NGC ID# 23TN, PCGS# 5450)

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