1839 25C No Drapery MS66 PCGS. Briggs 2-B....

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1839 No Drapery Seated Quarter, MS66
Green Label Holder, Ex: Clapp-Eliasberg
The Second Finest Example Known

1839 25C No Drapery MS66 PCGS. Briggs 2-B. Ex: Eliasberg. Closed Claws. The eye appeal of this coin exceeds all expectations for the grade and issue. Original, frosty luster glistens across unabraded surfaces, illuminating bold definition through not only the central devices but also the border stars. Even for the border dentils showcase nearly full rounded throughout the perimeter of each side. Lovely amber, gold, russet, and sky-blue hues encompass much of the obverse, while the reverse yields similar colors but with a concentration of ocean-blue and violet in the lower and right-hand margins. One look at this coin, and it becomes apparent that it is truly an exceptional treasure of eye appeal and preservation.

The Eliasberg coin is the second finest 1839 Seated Liberty quarter known, and it is appearing here in only its second document auction appearance. The elder Clapp acquired it private from the Chapman brothers in the year 1900, and it remained in the Clapp family cabinet until 1942, when it was acquired by Louis E. Eliasberg, Sr. as part of the greater Clapp collection. Eliasberg held the coin until his passing, and in 1997, it finally appeared at auction for the first time in Bowers and Merena's offering of the Eliasberg Collection. The cataloger of the Eliasberg coins called it possibly the finest known, graded "MS-66 or finer," and added: "Here, indeed, is a marvelous combination of exceedingly high numeric grade, beautiful aesthetic appeal, and an incomparable pedigree." Although the Bareford-Gardner coin is certified finer than this piece by margin of the Plus designation, we feel that the Eliasberg piece will come to be known as its equal atop the Condition Census, being thus far held back only by the fact it hasn't appeared at auction in nearly 30 years, and it still resides in a Generation 3.1 green label PCGS holder.

Roster of High-Grade 1839 No Drapery Seated Quarters

1. MS66+ PCGS. CAC. Cartwright Collection (Chapman, 5/1913), lot 304; Mail Bid Sale (Wayte Raymond, 2/1947), lot 391; Harold S. Bareford Collection (Stack's, 10/1981), lot 333, $10,000; Morgan, Leckar et al Collections (Bowers and Merena, 11/1998), lot 112, $39,100; Eugene H. Gardner Collection, Part II (Heritage, 10/2014), lot 98356, $52,875; Central States Signature (Heritage, 4/2015), lot 5020, $64,625.
2. MS66 PCGS. OGH. S.H. & H. Chapman, sold privately in 1/1900; John M. Clapp; John H. Clapp Collection, sold intact via Stack's in 1942; Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1420, $37,400. The present coin.
3. MS65 PCGS. Elite Coin Auction (Superior, 7/2003), lot 1114, $48,875; Oliver Jung Collection (American Numismatic Rarities, 7/2004), lot 50, $55,200; Good River Collection (Superior, 5/2006), lot 415, $43,700; Norweb Collection and Other Important Properties (Stack's, 11/2006), lot 111, not sold; Pre-Long Beach (Goldberg Auctions, 2/2007), lot 1351, $52,900; Scott Rudolph Collection (Heritage, 1/2009), lot 3739, $63,250; D. Brent Pogue Collection, Part V (Stack's Bowers & Sotheby's, 3/2017), lot 5020, $39,950; BST Collection (Legend Rare Coin Auctions, 4/2023), lot 29, $47,000.
4. MS64+ PCGS. Provenance unknown.
5. MS64 OGH CAC. Palakika Collection (Heritage, 5/2007), lot 431, $8,625; J&J and R&R Gobrecht's Raisinet Collection (Heritage, 1/2024), lot 3377, $16,200.
6. MS64 PCGS CAC. James Mossman Collection (Heritage, 1/2009), lot 2301, $9,775.
7. MS64 PCGS CAC. Kimo Collection (Heritage, 7/2014), lot 3702, $8,813.
8. MS64 PCGS. Globus and Corson Collections (Stack's, 3/1999), lot 616, $6,900; CSNS Signature (Heritage, 4/2012), lot 3938, $8,625; D.L. Hansen Collection.
9. MS64 PCGS. Denver Signature (Heritage, 8/2006), lot 1098, $6,613; Cody's Set (PCGS Set Registry).
10. MS64 NGC. Pittsburgh Auction (Heritage, 10/2011), lot 3578, $6,915; Americana Sale (Stack's Bowers, 1/2012), lot 8560, not sold; Long Beach Signature (Heritage, 6/2013), lot 4451, $7,050.(Registry values: P5)
From The Bruce S. Sherman Collection, Part I.

Coin Index Numbers: (NGC ID# 23SF, PCGS# 5392, Greysheet# 5109)

Weight: 6.68 grams

Metal: 90% Silver, 10% Copper

View all of [The Bruce S. Sherman Collection, Part I ]

View Certification Details from PCGS