Description

    1861 Quarter, PR66
    Two Graded Finer

    1861 25C PR66 NGC. Briggs 7-E. Colorful obverse toning includes hues of blue, violet, russet, and orange with partial brilliance in the centers. The reverse shows mostly pearl-gray patina with colors similar to those on the obverse around the margins. The fields are moderately reflective, and tiny marks are only visible with the aid of a loupe.

    Variety: Briggs 7-E, Type Two Obverse, Type Two Reverse. The right edge of the 1 is centered between verticals 6 and 7. Stars 3 to 6 and 8 to 12 are lightly recut. On the reverse, horizontal shield lines 1 to 7 are recut left.

    Population Data (9/15): NGC has seen nine submissions in PR66 with two finer, while the finest at PCGS are four in PR66.

    Heritage Commentary: The Mint grossly overestimated the demand for proofs in 1861, especially considering the new proofing charge of 13 cents that was put into place one year earlier. Although 1,000 proof quarters were struck in 1861, 60% of the mintage was melted as unsold. Perhaps 350 proofs are extant, but only a small contingent survives so well-preserved.

    Provenance: Purchased from Legend Numismatics (4/2002).(Registry values: P4) (NGC ID# 23WN, PCGS# 5557)

    Weight: 6.22 grams

    Metal: 90% Silver, 10% Copper


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    Auction Dates
    October, 2015
    28th Wednesday
    Bids + Registered Phone Bidders: 7
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