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1848/1--8 25C VP-001 MS67 ★ NGC. Briggs 2-B....
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Description
'1848/1--8' Seated Quarter, Briggs 2-B, MS67 ★
Beautiful Memento of James Longacre
1848/1--8 25C VP-001 MS67 ★ NGC. Briggs 2-B. Seated quarter
expert Larry Briggs aptly describes this variety as 1/1/1-8/8, as
the 1 is triple-punched, the last 8 double-punched. U.S. Mint Chief
Engraver Christian Gobrecht died at age 58 on July 23, 1844. Mint
Director Robert Maskell Patterson began an intensive search for his
replacement, but two months afterward was forced, for political
reasons, to appoint Mint outsider James Barton Longacre, age 50, to
the position. Patterson and Chief Coiner Franklin Peale opposed
him; although Longacre was a talented engraver, he lacked skills as
a die-cutter, and numismatists have long laid the blame on him for
the many repunched, blundered, and reengraved dates on circulating
coinage from 1844 to 1850.The base of the 1 shows a second base just below the final base, and a prominent left-bottom serif of a 1 appears far higher than the proper position. The last 8 shows prominent repunching at the bottom. The date digits are connected by a wispy die crack which continues to the denticles in the exergue on each side of the date. This Superb Gem offers stunning surfaces and color, silver centers ceding to concentric rainbow patina on each side, the obverse featuring a bit more blue. The strike is quite sharp, and mentionable contact is simply a nonissue.
Ex: Eric P. Newman Numismatic Education Society.(Registry values: P5)
Coin Index Numbers: (NGC ID# 23SZ, PCGS# 5412)
Weight: 6.68 grams
Metal: 90% Silver, 10% Copper
Auction Info
Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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