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1849-O 25C MS64 NGC. Briggs 1-A....
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Description
1849-O Seated Quarter, Sharp MS64
The Richmond Collection Example
Elusive in Any Condition, Tied for Finest Graded
1849-O 25C MS64 NGC. Briggs 1-A. The 1849-O Seated quarter
is a well-known rarity to series specialists. Beautiful sea-green
patina is more prominent at the rims of this near-Gem example,
complementing rose tones in the fields. The strike is surprisingly
sharp and pleasing, and no major marks are visible.Variety: Briggs 1-A; only the single die pair is known for the small production, an unknown quantity -- the mintage was lumped together with the 1850-O -- usually estimated as 16,000 pieces.
Population Data (4/15): PCGS shows no examples of the 1849-O in Mint State at all; the finest are four submissions in AU58. NGC shows two each in MS62, MS63, and MS64, including this piece and one other submission -- although we would be extremely surprised if those all represented separate coins.
Heritage Commentary: Breen, and Briggs after him, believe that the 1849-O mintage was included in the initial delivery of 16,000 pieces in early 1850. Breen in 1988 wrote of only one piece he knew of with "any claim" to Mint State, the Stack-Reed Hawn example. This piece should see spirited bidding at the auction.
Consignor Commentary: With an unknown mintage that has been estimated at only 16,000 pieces, the 1849-O Seated quarter issue is among the most difficult in the set to find in Mint State (Briggs High R.7). A heavily toned example but attractive, with a few light marks in the left obverse field opposite Liberty's hand limiting the grade. No other marks or die cracks, but stars 9 and particularly 10 have been recut.
Provenance: Richmond Collection (David Lawrence, 3/2005), lot 1421.(Registry values: P8)
Coin Index Numbers: (NGC ID# 23T3, PCGS# 5414)
Weight: 6.68 grams
Metal: 90% Silver, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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