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1853 25C Arrows and Rays MS65 NGC....
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Description
Richly Toned MS65 1853 Arrows and Rays Quarter
1853 25C Arrows and Rays MS65 NGC. Mint Director George Eckert convinced Congress it was necessary to reduce the weight of minor silver coinage to discourage hoarding. The act of February 21, 1853 specified a new weight for the quarter of 96 grains, down from the previous weight of 103.125 grains. To mark this change, arrowheads were placed on either side of the date, and rays were placed above the eagle on the new coins. The arrows remained on the quarter design until 1856, creating a three-year type coin. A large mintage of 15.3 million pieces was achieved.The present coin is a pleasing example of this interesting date. All design elements are sharp, and the fields are blemish-free. Abundant mint luster is evident, under accents of gold and lavender toning. A better type coin would be difficult to find. Census: 26 in 65, 9 finer (11/09).(Registry values: P5)
Coin Index Numbers: (NGC ID# 23U4, PCGS# 5426, GSID# 5124)
Metal: 90% Silver, 10% Copper
Weight: 6.22 grams
ASW: 0.17998oz
Mintage: 15,210,020
Auction Info
2010 January Orlando, FL FUN US Coin Auction #1136 (go to Auction Home page)
Auction Dates
January, 2010
6th-10th
Wednesday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 844
Buyer's Premium per Lot:
15% of the successful bid per lot.
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