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Lot
2342

1867 25C MS64 PCGS. CAC....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 12 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Marvelous MS64 1867 Seated Quarter
1867 25C MS64 PCGS. CAC. Just 20,000 business strikes were produced for this second With Motto Philadelphia quarter issue, all from one die pair that is distinct from the die pair used to strike proofs. The business strikes for the year usually are distinguished by the obverse, which shows faintness of detail at parts of the center, as recounted by Larry Briggs in his Comprehensive Encyclopedia of United States Seated Liberty Quarters. His summary: "'BER' on ribbon [across the shield] as well as central portion (stomach) of Liberty ground down, making it faint and eventually invisible in those areas."
Briggs suggests that this faintness makes worn examples seem to be more circulated than they are, since the lettering on the ribbon is an important diagnostic for grades Good through Fine, though he also describes the issue as one "rarely seen in low grades." Mint State examples, too, are elusive, and this near-Gem is attractive in virtually all respects. Aside from the aforementioned shallowness on the ribbon across the shield and at Liberty's waist, the coin offers crisp definition. The obverse exhibits rich champagne and peach-orange central patina framed in blue-green, while the other side shows nearly the inverse. Though significant abrasions are noted below the eagle's beak and above the denomination, the smooth surfaces of the obverse are redeeming. An important survivor, housed in a green label holder. Population: 2 in 64, 0 finer (3/09).(Registry values: P5) (NGC ID# 23UD, PCGS# 5470)

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