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1877-CC 25C MS67 PCGS. CAC. Briggs 3-C....
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Description
1877-CC Quarter, MS67
Spectacular Eye Appeal
1877-CC 25C MS67 PCGS. CAC. Briggs 3-C. Despite a
plentiful mintage for the issue, this piece, certified in a
green-label holder, offers spectacular eye appeal and is tied for
the finest known with a handful of other coins.Variety: Briggs 3-C from the position of the date, the position and shape of the mintmark, and the substantial recutting of the vertical lines in the shield on the reverse. This must be an early strike, as the reverse die crack mentioned in Briggs is not in evidence.
Population Data (5/14): PCGS and NGC each show six submissions in MS67 with none finer. This is one of only three in this grade with CAC approval.
Heritage Commentary: The Specie Payment Act, which became law in 1876, envisioned the retirement of million of dollars' worth of fractional currency issued during the Civil War by exchanging it for silver coinage. As in 1876, issuances of Seated coinage for 1877, at all three operating mints, were abundant, nearly 4.2 million coins in the case of the 1877-CC quarters.
Consignor Commentary: Not a rarity even in high grade. Briggs lists the date at only R.4 in Mint State. Still, this coin, with its strong strike and beautiful blue-green toning, has to rank among the top specimens extant.
Provenance: Stack's/American Numismatic Rarities (11/2006), lot 127.(Registry values: P2)
Coin Index Numbers: (NGC ID# 23V6, PCGS# 5505)
Weight: 6.25 grams
Metal: 90% Silver, 10% Copper
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