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Lot
3753

1873 25C Closed 3 MS63 NGC....

2009 January Orlando, FL FUN Auction #1121

 
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$65,000
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Auction Ended On: Jan 8, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Splendid 1873 Closed 3 Quarter, MS63
The Finest Certified
1873 25C Closed 3 MS63 NGC. The Philadelphia quarters of 1873 come in three distinct varieties: the 1873 Closed 3, the 1873 Open 3, and the 1873 With Arrows. Of these variants, the last has the highest mintage, with over a million pieces struck, and the 1873 Open 3, though it has a mintage of only 172,000 coins, is one of the most available Motto quarters issues in Mint State. The 1873 Closed 3 version, however, is highly elusive, with a total production of just 40,000 business strikes, and most survivors showing a degree of wear. NGC and PCGS have certified just 20 examples ranging from Very Fine to Mint State.
Though the 1873 Closed 3 remains an underrated issue in most grades, connoisseurs are aware of how elusive the issue is in Mint State condition. NGC and PCGS have certified a mere five Mint State representatives between them, and the MS63 coin offered here is the single finest for either service (10/08). A well executed strike leaves crisp definition on the design elements, and both sides offer strong, shining luster. The obverse displays violet-inflected iridescence, while the reverse is essentially brilliant. A scattering of fine obverse marks precludes a finer designation.
Ex: The Henry W. Bass, Jr. Collection, Part I (Bowers and Merena, 5/1999), lot 2010 (Bowers and Merena catalogers report this coin pedigreed to the Harry X. Boosel "1873" Collection, RARCOA, 4/1972, lot 601, unplated).
From The Scott Rudolph Collection.

See: Video Lot Description(Registry values: P4) (NGC ID# 23UU, PCGS# 5484)

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