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1868-S 25C MS67+ PCGS. CAC. Briggs 1-A....
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Description
1868-S Seated Quarter, Vibrant MS67+
Incredible Condition Rarity
The Single Finest Known
1868-S 25C MS67+ PCGS. CAC. Briggs 1-A. Seated quarter
production during the Reconstruction Era was rather limited, even
on the West Coast. In 1868, the San Francisco Mint struck just
96,000 coins, and almost all were distributed into commerce such
that Mint State survivors are rare in all grades. The Philadelphia
issue of this year had a scant mintage of only 16,000 coins, yet,
is more plentiful in Mint State than its S-mint counterpart,
lending support to the history of Western commerce during this
period. Silver coins were seldom set aside for safe keeping in the
San Francisco region.In all grades, PCGS lists only seven Uncirculated 1868-S quarters. Of these, the currently offered Superb Gem is the single finest by a full three grade points. The luster is frosty and radiant, showing a warm tinge of champagne-gold toning. As is typical, the upper-right obverse border is a trifle ill-defined, but the central motifs are sharp and only star 8 lacks centrils. The surfaces are beautifully devoid of abrasions. A light double clash is evident in the field near Liberty's right (facing) elbow. The eye appeal is exceptional.
This CAC-endorsed Registry coin is by far the finest ever offered at auction. Even the Eugene H. Gardner piece, a conditionally rare MS66 NGC example, falls short of this specimen by more than a full grade point. The Eliasberg example, described in the April 1997 Bowers and Merena catalog as a "great rarity" and a "wonder coin," also falls short of this example by a margin of more than a full grade. Even in the context of all issues from the 1860s, this magnificent coin has few peers at the Superb Gem level. We anticipate intense interest in this landmark offering of the finest-known example of this conditionally rare San Francisco issue.(Registry values: P7)
Coin Index Numbers: (NGC ID# 23UG, PCGS# 5473)
Weight: 6.22 grams
Metal: 90% Silver, 10% Copper
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