1873 Arrows Quarter, PR68 ★
    The Only Star-Designated Piece

    1873 25C Arrows PR68 ★ NGC. The Mint Act of February 12, 1873, converted subsidiary coinage to the metric system, and in so doing slightly increased the weight of silver planchets. Passage of the legislation, sometimes known as the "Crime of '73," discontinued the two cent piece, three cent silver, half dime, and silver dollar, at the same time creating the Trade dollar and moving the Mint offices from Philadelphia to Washington, D.C.
    The arrows were a distinguishing mark to easily identify the new coins from the old-tenor silver pieces. The weight change was so slight that old blanks remained within Mint tolerance and probably stayed in use. A further result of the 1873 act was an order sent to San Francisco and Carson City to melt all older coins on hand, creating rarities for collectors today. In two instances, the order completely eliminated a particular issue. No 1873-S Seated half dollars or dollars are known today, despite mintages of 5,000 and 700 coins, respectively.
    Only 540 proof 1873 Arrows quarters were struck. The current specimen is tied with one other PR68 as the finest certified by the two major services, that other coin graded PR68 Cameo NGC. This piece also holds honors as the only proof 1873 Arrows quarter awarded the NGC Star designation. The fields are deeply reflective, and the obverse possesses a warm russet and cobalt-blue edging, with an elliptical area of brilliance over most of the portrait and part of the date. The reverse displays even steel-blue patina that yields to copper-gold about the margins. Although undesignated as such, this piece is a remarkable cameo example, with exceptional contrast between the mirrored fields and lustrous devices. The only contact noted is a small patch of marks in the right obverse field, near stars 10 and 11. Census: 1 in 68 , 0 finer (3/11).
    From The Slotkin Family Trust Collection.(Registry values: P3) (NGC ID# 23XR, PCGS# 5574)

    Weight: 6.25 grams

    Metal: 90% Silver, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Dates
    Apr-May, 2011
    27th-1st Wednesday-Sunday
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