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Lot
2786

1875-CC 25C MS63 PCGS....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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Auction Ended On: Jan 10, 2008
Item Activity: 4 Internet/mail/phone bidders
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Location:

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

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Sumptuous Select 1875-CC Quarter
1875-CC 25C MS63 PCGS. Despite a seemingly sizable mintage of 140,000 pieces, the 1875-CC quarter rarely crosses the auction block in any grade. This lack of appearances, combined with a misperception of its scarcity and value, makes it a highly underrated issue in the Seated series. Many pricing guides have been slow to acknowledge gains in price made in the last few years; the 2008 Guide Book, for example, lists a Select example at just $2,500, a value that seems absurdly low in the context of a recent five-figure result.
In his The Mint on Carson Street, Rusty Goe declares that "[p]roperly graded specimens in Fine to MS-63 are most desirable." The lovely exemplar offered here appears at the high end of that scale. Pink and gold accents grace otherwise silver-white surfaces that show whispers of highpoint frost and subtle, satiny luster. Well struck with light, scattered flaws in the fields that preclude a finer designation. Population: 4 in 63, 8 finer (11/07).(Registry values: P4) (NGC ID# 23UY, PCGS# 5499)

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