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1886 25C MS67 PCGS. CAC. Briggs 1-A....
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Description
1886 Quarter, Richly Toned MS67
Lowest-Mintage P-Mint Seated Quarter
Sole CAC Example in This Grade
1886 25C MS67 PCGS. CAC. Briggs 1-A. Rich orange-red
and aquamarine patina endows this lustrous high-grade Seated
quarter. The strike is formidable except for the BER in LIBERTY,
which was weakened on the die from a mint worker's polishing.
Gorgeously smooth fields further confirm the Superb Gem grade.Variety: Briggs 1-A.
Population Data (5/14): This piece is tied with one other submission in MS67 at PCGS. NGC shows a single MS67. This is the sole example in MS67 with CAC approval.
Heritage Commentary: The 1886 is the lowest-mintage P-mint Seated quarter. Just 5,000 business strikes and 886 proofs were delivered. There was a tremendous buildup of silver coins during the 1870s due to redemption of Civil War-era fractional currency. When parity was finally achieved between gold, silver, and paper money in 1879-80, the anticipated demand for gold and silver coins failed to materialize. Combined with reimportations of earlier-struck American coinage that had been hoarded in Canada, there was little need for large new productions of silver during the 1880s under the overage was dissipated.
Consignor Commentary: You get a little clue from the Registry points NGC awards this date that it might be slightly tougher than the other dates close around it. Only 5,000 were struck, and Briggs notes that difficult as it is, it is more difficult in circulated grades than Mint State. Good luster and eye appeal that should be expected from the grade level give the coin very high marks for beauty.
Provenance: Denver Signature (Heritage, 8/2006), lot 1143.(Registry values: P3)
Coin Index Numbers: (NGC ID# 23VJ, PCGS# 5518)
Weight: 6.25 grams
Metal: 90% Silver, 10% Copper
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