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    Description

    1853 Arrows and Rays Quarter, MS65
    Coveted One-Year Type Coin

    1853 25C Arrows and Rays MS65 PCGS. CAC. By the early 1850s, the large inflows of California-mined gold dramatically increased the gold value of silver, as the white metal became relatively scarce. For example, the value of four silver quarters increased to over $1.03 in gold in 1851. Silver exports began to exceed imports at a staggering rate, increasing by $21 million from 1850 to 1851. Silver coin mintages plummeted, and those pieces that were struck did not enter into circulation. A solution to this problem came in 1853, when Congress passed a law reducing the weight of dimes, quarters, and half dollars. Newly minted lightweight coins were designated with arrows flanking the date and rays surrounding the eagle on the reverse, creating a one-year type that has become highly prized among collectors.

    This frosty, eye-appealing Gem displays glistening luster over brilliant surfaces that show the slightest tinge of golden-tan patina. The stars and Liberty's head are typically incomplete, while the eagle's feathers, talons, and fletchings are well-detailed. A spindly die crack connects the left arrowhead, the rock, and the rim below star 1, and two tiny milling marks in the right obverse field act as pedigree identifiers. Population: 18 in 65 (1 in 65+), 10 finer (6/15).(Registry values: P5)

    Coin Index Numbers: (NGC ID# 23U4, PCGS# 5426)

    Weight: 6.22 grams

    Metal: 90% Silver, 10% Copper


    View Certification Details from PCGS

    Auction Info

    Auction Dates
    August, 2015
    12th-16th Wednesday-Sunday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 806

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