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Lot
6282

1873-CC 25C ARROWS

1999 ANA Signature Sale #208

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Auction Ended On: Aug 12, 1999
Item Activity: 6 Internet/mail/phone bidders
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Location: Chicago, IL
Description:
The Third Finest Known 1873-CC With Arrows Quarter
1873-CC Arrows AU 55 PCGS. A very appealing coin for the grade with deep, natural gunmetal gray color on the obverse and the reverse. There is light, even wear seen on the high spots and the surfaces appear very clean with no marks or abrasions visible to the unaided eye. This piece is one of the highlights of the Nevada Collection and is probably the only chance for many years that the serious quarter collector will have to purchase a high grade example of this date.
The 1873-CC With Arrows closely rivals the 1871-CC for honors as the second rarest collectible quarter from this mint. Virtually every survivor from the original mintage of 12,462 pieces is well worn and most of these exhibit surface roughness and/or damage. It is unlikely that as many as ten 1873-CC With Arrows quarters exist in Extremely Fine, and in About Uncirculated condition the number drops to three to five. There are two known in Mint State, and these are as follows:
1. Private collection; Norweb II (Bowers and Merena, 3/88), lot 1659, where it brought $44,000; later graded MS 65 by PCGS.
2. Private collection; Eliasberg II (Bowers and Merena, 4/97), lot 1505, where it realized $93,500; later graded MS 63 by NGC.
Of the handful of known AUs, the present piece is clearly the finest and, thus, it is ranked as the third finest known.
Obtained via private treaty sale by the owner of the Nevada Collection from an eastern dealer who bought it back from the Rasmussen Sale (Superior, 2/98), where it was offered as lot 2040. (NGC ID# 23VV, PCGS# 5492)

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