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    Description

    1852 Seated Quarter, Incredible MS68 ★
    Ex: Newman Collection
    Sole Finest Graded by Two Points

    1852 25C MS68 ★ NGC. Briggs 2-B. Ex: Newman. This incredible coin, formerly in the Eric Newman Collection, will no doubt form the centerpiece of any Seated quarter, type, or other collection that it joins. The obverse is richly patinated in concentric rings of amber and blue, while the reverse shows some silver remaining in the center with a more-modest ring of color at the periphery. The strike is full throughout, and generous luster radiates from both sides.

    Variety: Briggs 2-B. A tiny spine of metal at Liberty's knee extends shortly out into the right obverse field. The reverse shows AM connected, ME and RI close, and line 4 of stripe 2 extends upward into the horizontal stripes. But this coin is going to trade not for its Briggs variety, but rather for its incredible eye appeal and its status as the sole finest-certified survivor of a rare and heavily melted date.

    Population Data (4/15): This MS68 NGC-graded piece is numerically the finest by two grade points over the next-closest examples at that service. The finest at PCGS are three submissions in MS66.

    Heritage Commentary: The mintage of Seated quarters actually increased a tad from 1851 to 1852 -- 160,000 circulation strikes for the earlier issue and 177,060 pieces for the later. But, in any case, most wound up in melting pots. The abundant supplies of gold after 1849 served to devalue gold (forcing silver to soar in relative terms) and make the melting of pre-1853 silver coinage increasingly profitable. It would take the reduction in silver content signaled by the 1853-54 Arrows coinage to again restore domestic silver coinage into circulation.

    Seated quarter expert Larry Briggs calls all of these issues, which are often underappreciated, "scarce in all grades and rare in Mint State." This piece should perform spectacularly when it crosses the auction block, in keeping with its remarkable status as the finest graded by two points at both leading services.(Registry values: P3)

    Coin Index Numbers: (NGC ID# 23T8, PCGS# 5419)

    Weight: 6.68 grams

    Metal: 90% Silver, 10% Copper


    View Certification Details from NGC

    Auction Info

    Auction Dates
    May, 2015
    12th Tuesday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 1,252

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